A.
Dear Client,
When a cyber complaint is filed on the National Cyber Crime Reporting Portal (NCCRP) or to the nearest cyber crime cell, the Cyber Crime Cell directs the concerned bank to freeze the accounts of both the suspected fraudster and victim in order to carry out the investigation. It is advisable to enquire about the same in your respective bank. The investigation of a cyber crime varies greatly depending on the complexity of the case. So, in this situation, you have to wait till the completion of the investigation. Further, you can file a suit under section 457 of the CrPC which empowers a Magistrate to use their discretion to order the conditional release of the amount frozen under cyber scam. However, in this situation, you are required to declare through an indemnity bond to pay 1.5 times the refunded amount if the claims are proved to be false. If required, you can consult an advocate for advice and assistance in the matter.
Hope it helps.
Thank you.
Posted On 01-Jun-2024
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