Cyber crime amount lein marked

Dear Sir,

Submit Representation to the Investigating Officer (IO)

Ask the IO for a “No Objection Certificate (NOC)” or a Court order for refund from the frozen account.

Provide all documents.

Police Sends Request to Bank

Once the police verify the claim, they will:

Either issue a written direction to the bank holding the fraudster's account

Or approach a Magistrate court to obtain permission for refund

4. Bank Processes Refund
After receiving proper police instruction or court order, the bank will:

Verify and match your transaction

Refund the amount to your account

Dear Client,
Once a cybercrime scam involving suspicious or fraudulent transactions is reported online to the National Cyber Crime Reporting Portal(NCCRP), on the instruction of the Cyber Crime Cell, the investigating team starts the routine process of investigation immediately and on the instruction of Cyber Cell, the Bank freezes the suspected accounts linked to fraudsters and the victim's Bank account putting a lien on it and to unfreeze a frozen bank account, you have to wait for the completion of the investigation of the scam by the investigating agency. In the course of the investigation, you may be interrogated by the police or the IO of the Cybercrime Cell to access or identify the source of the fraudulent transactions. The length of time it takes to investigate a cybercrime can vary greatly depending on the complexity of the case, the resources available to the investigators, and the cooperation of the victim. In the given scenario, you need to contact both the bank and the cyber cell to understand the reason behind the freeze and the steps required to resolve it. However, in the course of an investigation, when an amount is traced out and put on hold, the victim can move a petition under Sec.. 457 of Cr. PC before the court of Magistrate, praying for the release of the said amount. Section 457 of the CrPC empowers a Magistrate to use their discretion to order the conditional release of the amount frozen or put on hold under a cyber scam. If you encounter difficulties or need assistance with the legal procedures, consult with a lawyer specializing in cybercrime and banking law to navigate the issues effectively.