Hyderabad victims of online financial fraud have a potent tool at their disposal that may help them get the money back they lost. Yes, there is a second opportunity for targeted victims to save their hard-earned money if they report cybercrimes during the Golden Hour, which is defined as at least one hour to three hours after the crime.
The hyderabad Cybercrime police are making every effort to raise awareness of the significance of notifying them through the 1930 hotline in good time, given the enormous potential of the golden hour rule in boosting the likelihood of retrieving misplaced assets.

"Our prospects of intervening, halting the money flow to scammers, and recovering the amount are stronger the sooner the victim contacts us. In cases of financial fraud, every detail counts. According to DCP D Kavitha, "the sooner one reports on 1930, the higher the chances of saving the money."
 
The concept of the "golden hour" in cybercrime emphasizes how critical it is for victims to act quickly and decisively to lessen the effects of fraud.
 
Victims of online financial fraud should notify the National Cybercrime Reporting Portal (NCRP) of the event right away by calling the toll-free number 1930 helpdesk or by visiting the NCR portal at https://cybercrime.gov.in/. The top officer of the Cybercrime Department claims that it will assist the police in efficiently tracking down and obstructing the proceeds of the crime.
 
An SMS about the complaint is delivered to the nodal officer of the relevant financial institution once the victim files a report with NCRP (via 1930 or the website). The nodal official then verifies the information on their dashboard, which is accessible through the reporting portal. The bank places a hold on the money if the profits of the crime are still accessible, preventing the fraudsters from taking it out.
 
A ticket is escalated to the next bank where the fraudsters transferred the money, and they place a hold on the funds, if the proceeds have been moved from that specific account to another bank. Until the proceeds of the crime are stopped and prevented from going to the scammer, this procedure is repeated. The participating banks then notify the relevant State police of the action taken and the blocked amount.
 
 
For more interesting updates wa click and follow Indiaherald WhatsApp channel

Find out more:

SIBY JEYYA

30/07/2024 08:45 AM