Cybercrime: Bengaluru Police Recover Rs 2.1 Crore in 'Golden Hour' Fraud Case
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News18•21-01-2026, 16:13
Cybercrime: Bengaluru Police Recover Rs 2.1 Crore in 'Golden Hour' Fraud Case
- •Bengaluru cybercrime police successfully recovered Rs 2.1 crore lost by Dr Reddy's Laboratories in a cyber fraud, highlighting the 'golden hour' concept.
- •Fraudsters intercepted communication between Dr Reddy's and Group Pharmaceuticals Ltd., sending a spoofed email with altered bank details.
- •The company reported the fraud to the national cybercrime helpline 1930 within 15 minutes of the transaction, enabling quick police action.
- •Police traced funds to an Ahmedabad bank account, froze it, and a court order on January 5, 2026, returned the entire amount to Dr Reddy's.
- •Experts emphasize reporting within 1-2 hours is crucial; modern banking AI and direct helpline use aid recovery, especially for smaller amounts.
Why It Matters: Quick reporting within the 'golden hour' is crucial for recovering funds lost to cyber fraud.
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