More golds than China and USA combines - only at scamming though. More silvers at jugaad, and bronze at - probably rape? It's either that or being filthy.
Jus bcoz hes billionaire they tried to recover money ..... If its a common jus to lodge a case it takes 4-5 days and another week to contact bank by the time which money if fully gone .... India has gone from "of the people..by the people.. for the people to OF THE POWER...BY THE POWER... FOR THE POWER"..... it hurts when govt. doesn't bother about common citizens....😢😢😢
many innocent people will suffer now, since the scammers disperse to other people account through legitimate transaction . Like to petrol pump , showrooms for buying gadgets
Damn our scammer Indian bros hit a jackpot with this one huh😅🤦 noice When its rich millionaires our media and police makes a fuzz and take action but when we report and file a case of scam of loosing 30,000 and 10,000 rupees they say that money is essentially lost finding it nearly impossible because of "sophistication and logistics" 😶😐 nothing but hypocrisy towards normal citizens
I lost to a travel scam where a travel website promised for a travel to Andaman..i reported complaint to cyber crime and filed a complaint.. After.a month police put my case on hold ....
@@bsk_fashionIconmy boss also lost to travel scam. We found the bank in delhi where the money was transferred but the officer said she could nothing?? We were based in Mumbai and so it fell flat
Mr Oswald has been made an a..hole. He must have done quite a lot of frauds in his life that he gets scared of a phone call. Jai hind Jai Bharat Jai ED CBI etc who are even bigger at the game as 7 crores is peanuts !!!
What is surprising in this case is that a big corporate like Vardhaman will have their own legal team, then why didn't the CEO consult his own legal team.... something fishy
@@ravimathew4123So if the policewala knows it has been MISUSED, there is nothing to worry. Moreover, nothing prevents you from consulting lawyers, friends, children.
This has been going on for 2-3 years now, but our police officers or cyberspace teams or anyone else is not able to catch these fraudsters. Very sad state of governance
For the past one month, Im getting calls that my fedex parcel has been returned due to some reasons, and if i wish to get it press 1 or so on, few weeks back i read in bangalore mirror that one senior bureaucrat has been duped on the pretext of ordering drugs like this, for every 20 seconds one scam is happening then who will control this? This is a clear cut day light robbery and very pity that nobody is able to control beforehand.
Make adhar mandatory for every phone connection...DOT make sure that scammers are tracked by various available technologies....DOT should have data of every TSP'S
U don't understand brother. I had similar experience. You are called and told that your Aadhaar card is being used to send parcels to Taiwan with contents of passports and drugs like mdma. U will get panicked and will do whatever they say.
Exactly ….similar call with a case had reg with your phone no came to me last month …since I’m a student I have not that much money in my account and also I got that these people had no idea about my details.if our hands are clean we can obviously avoid them
I have been regularly receiving scam calls from TRAI, Bluedart, DHL, etc. Hold all banks, phone/Internet service providers, etc. for selling personal information regularly.
This is very true. My friend to got cheated by the same group and lost 14 lakhs. She has filed a complaint with the cyber crime. Though the official say that it is very common these days, it is SURPRISING that the POLICE DEPARTMENT HAS NOT ISSUED a WARNING to the public. They should have taken to every social media, TV channels, newspapers to warn the common man. WHY THEY ARE NOT DOING IT IS A MILLION DOLLAR QUESTION. !!!!!!!
1)Details of the other acct must be displayed before trxn.2) Large amts > 10000 be blocked for 1day. 3) bank must make calls in at least 20%of cases of small trxns < 10000. 4) Use of AI to get to know trxn history of acct, nature of business, previous large trxns, etc.5) only ph calls from India shd be allowed for trxns 6) nbrs complained abt shd be blocked.7) Random calls by certain nbrs (unusal) shd be marked for cross-check by police, airtel/vf, Jio,banks, etc. No complaint shd be closed without complainant's approval. 1oct24
This has been happening for the past many years. Why is there no stopping for every 20 seconds and he is lucky that money is back. Digital defence awareness is required.
Cops are doing nothing to catch these guys. Phone numbers are available, Photos available on Whatsapp, Bank Accounts where transfers are done, etc etc. Why are there no large scale arrests? Or do the cops have some settings here?
These happens when Govt, RBI and Bank have no accountability to make SAFEGUARD that really works for the ACCOUNT HOLDER, but all their efforts are to SAFEGUARD THEMSELVES. Forgot, if laws are made that Banks are not liable to make good the loss if not reported within 3 days. Now if this isnt protecting the Bank what else.
This news is a super failure of our cyber crime department, they should be moved into some other department permanently for allowing such things to happen and failing to ban these cyber crime culprits.
This is a culmination of many factors including... Poor judicial system Lack of enforcement of fundamental rights Overreaching police force Poorly implemented aadhaar Fascist regime
Thank you so much. A few days back a 72 old lady, near where i live, lost 1,80,620,800 rupees to an online scammer. The modus operandi was similar to what you describe.
Mr Oswal is the CEO so he has a big staff working for him. Tax consultants,accountants etc. He should have condulted to his staff before doing such a big money transfer...😐
It shows Mr Oswal kept his executives out of the loop and acted in personal capacity. For any listed company internal controls , risk management, corporate governance, act as shields against such events.
Mr. Oswal is not lucky. He is damn rich so he got his money back. If same thing had happened with a common man nobody would have bothered. I lost 19000 rs. Lodged a complaint also, nobody was bothered. Not even police nor bank officials. So if you are rich everybody will be behind the culprits but if you are a genuine tax payer then nobody is bothered.
We get such calls everyday. As we have been informed adequately we are cautious. Even our friends hard earned money have been siphoned away because of lack of information or the general fear about pokice & IT official s
Our agencies are not doing anything about it. I'm also one of the victims of same kind of fraud. Only difference was that they told me that they will be recording my words to be presented in the supreme court while sitting in Mumbai police station (Video call). I filled the report on cyber number with in three hours but they didn't even block the account where my money was transferred. They took almost 4 months to file a FIR with local police station. Scamsters are much faster than our law. So be careful and forget about your lose if you are a common citizen.
Cyber crime has blown out of proportion because of police anactiveness . The need of the hour is " strict anti cyber crime laws and get the cyber crime under organised crime category and good interstate co ordination of the police " .
All these people having hundreds of crores of rupees in itself is criminal. While the hard-working ordinary citizen from the middle class is constantly paying taxes towards the growth and economy of this country. If an ordinary citizen loses money through scams I feel for them but not these super rich who escape from taxes.
Bro go and search all over kolkatta or ride all call centres then your problem will be solved you wont do anything i mean the government.. then these thing will be happening on daily basis..
Our laws when it come to financial crimes are too weak. This is the loophole these scammer are using without fear. Even the government it seem is not willing to put forward stringent laws to prevent such crimes. After all the country runs on money.
So many govt officials, politicians involved in this. It's Mr. Oswal who has recovered but what abt normal public duped and police don't even care to listen.
Something phishy here and something wrong with CEO. Infallible persons will never afraid of Scamsters, CBI or ED. So why can't CBI or ED is not questioning one billion dollar Vardhaman Group?
If scamming was an Olympic sport we would have won a gold medal 😅
Studded with diamonds😂
Yeah everyone of them is a scammer from north and east india . Poverty leads to all kinds of scams and worthless scumbag scammers
@@LumkordorKharkongor Dont heap praise on each other!
INDIAN SCAMMERS BRAIN WORKS LIKE TURBO IN FRAUD IT...AND THEY SAY INDIAN ENGINNERS ARE SLOW...WHATS GOING ON...HAHAHAHAHAHAHA
More golds than China and USA combines - only at scamming though. More silvers at jugaad, and bronze at - probably rape? It's either that or being filthy.
Jus bcoz hes billionaire they tried to recover money ..... If its a common jus to lodge a case it takes 4-5 days and another week to contact bank by the time which money if fully gone .... India has gone from "of the people..by the people.. for the people to OF THE POWER...BY THE POWER... FOR THE POWER"..... it hurts when govt. doesn't bother about common citizens....😢😢😢
many innocent people will suffer now, since the scammers disperse to other people account through legitimate transaction . Like to petrol pump , showrooms for buying gadgets
Damn our scammer Indian bros hit a jackpot with this one huh😅🤦 noice
When its rich millionaires our media and police makes a fuzz and take action but when we report and file a case of scam of loosing 30,000 and 10,000 rupees they say that money is essentially lost finding it nearly impossible because of "sophistication and logistics" 😶😐 nothing but hypocrisy towards normal citizens
I lost to a travel scam where a travel website promised for a travel to Andaman..i reported complaint to cyber crime and filed a complaint.. After.a month police put my case on hold ....
@@bsk_fashionIcon Bro I understand 🤐🤧 it's sad whats happening to us
@@bsk_fashionIconmy boss also lost to travel scam. We found the bank in delhi where the money was transferred but the officer said she could nothing?? We were based in Mumbai and so it fell flat
Don't call scammers as brothers
@@gcs-te5hu yeah I really shouldn't 😅 but u know I just said it sarcastically all Indians are my brothers and sisters ya know
The only way to escape this to keep your bank account ZERO 😂😂😂
They will take inst personal loan and transfer, later we will be paying loan EMI which we haven't taken
@@MsArun1983kumar😂😂
This has happened with a Bangalore techie who was duped of 50lakhs..scammers asked her to take insta loan and pay for investigation purpose
Or use credit cards
now check his books
gave 7 crore just like that... he must have laundered billions
Yes bro
I think it is just small part of illigal money which he had
Point to be noted your honour
❤yes
Exactly, that is why he was scared of CBI, if CBI calls me I will say you have the wrong number
Seriously fishy. He didn't even consult his legal team before transfer of money.
He is 82 years old. I guess he may not be too tech savy. he lived in the age of radio and record player
What fishy? He is rich. 8 crores is not much for him.
Mr Oswald has been made an a..hole. He must have done quite a lot of frauds in his life that he gets scared of a phone call.
Jai hind Jai Bharat Jai ED CBI etc who are even bigger at the game as 7 crores is peanuts !!!
Govt ka Darr hi itana hai ki koi legal remedies ke baare me soche bhi to kaise.
It happens to even the most aware. Gen Z always quick to abuse their keyboard
I complained to both police and cyber security 2years ago about loss of 85k by my father because of Scammers. Still now no response from police.
you should have said 8.5Cr, and see how they would want a piece of that cake
I complained about Rs. 500
@@Supsyfy😂
Police have already got their share.😂😂😂
My dad complained about 15k. By the time the scamsters had already taken the money out.
What is surprising in this case is that a big corporate like Vardhaman will have their own legal team, then why didn't the CEO consult his own legal team.... something fishy
CEO in Lala Company? You think (JUST) with money alone, people become Rothschilds?!
Since he was high profile, so got back the money. Middle class victims never get back
A similar incident happened to the music director Jerry Amaldev...but thanks to the presense of mind of the bank officials he did not lose money
It means his money wasn't legally earned, if not why would he get panicked let any God damn fellow call or come to arrest?
That's not the point.
Elderly people have disadvantages in the cyber environment.
When your old the ability to judge is lesser.
Listen to the news carefully before blasting others. They told him His adhar card was misused for crimes not for how he earned his money.
@@ravimathew4123
👍🙏 Well said.
Some guys post comments that add insult to injury to the victims.
@@ravimathew4123So if the policewala knows it has been MISUSED, there is nothing to worry. Moreover, nothing prevents you from consulting lawyers, friends, children.
I got 2 scam calls this week. They are now automated calls and pretend to call from district court or cyber crime branch.
This has been going on for 2-3 years now, but our police officers or cyberspace teams or anyone else is not able to catch these fraudsters. Very sad state of governance
Senior Citizen's Should avoid doing Online transactions, If you don't have access to Online banking, no scammer can loot you
For the past one month, Im getting calls that my fedex parcel has been returned due to some reasons, and if i wish to get it press 1 or so on, few weeks back i read in bangalore mirror that one senior bureaucrat has been duped on the pretext of ordering drugs like this, for every 20 seconds one scam is happening then who will control this? This is a clear cut day light robbery and very pity that nobody is able to control beforehand.
Yes same here with DTDC
@@piyalighosh4967 Same with TRAI
My wife got call yesterday from fedex
Make adhar mandatory for every phone connection...DOT make sure that scammers are tracked by various available technologies....DOT should have data of every TSP'S
This is not the first time.what is doing our telecom department,why the media is not questioning the IT ministry 😮
What action do you want from those departments?
Hmmm. Something fishy here. If his hands were clean, why should he panic and transfer the money pronto? Does not pass the smell test😅
Every rich in India is giving bribes, especially during festivals, to top to bottom.
Very true.
That’s a moral ground, whose is clean in their lifespan❗️ …… so they panic
U don't understand brother. I had similar experience. You are called and told that your Aadhaar card is being used to send parcels to Taiwan with contents of passports and drugs like mdma. U will get panicked and will do whatever they say.
Exactly ….similar call with a case had reg with your phone no came to me last month …since I’m a student I have not that much money in my account and also I got that these people had no idea about my details.if our hands are clean we can obviously avoid them
I have been regularly receiving scam calls from TRAI, Bluedart, DHL, etc. Hold all banks, phone/Internet service providers, etc. for selling personal information regularly.
This is very true. My friend to got cheated by the same group and lost 14 lakhs. She has filed a complaint with the cyber crime. Though the official say that it is very common these days, it is SURPRISING that the POLICE DEPARTMENT HAS NOT ISSUED a WARNING to the public. They should have taken to every social media, TV channels, newspapers to warn the common man. WHY THEY ARE NOT DOING IT IS A MILLION DOLLAR QUESTION. !!!!!!!
1)Details of the other acct must be displayed before trxn.2) Large amts > 10000 be blocked for 1day. 3) bank must make calls in at least 20%of cases of small trxns < 10000. 4) Use of AI to get to know trxn history of acct, nature of business, previous large trxns, etc.5) only ph calls from India shd be allowed for trxns 6) nbrs complained abt shd be blocked.7) Random calls by certain nbrs (unusal) shd be marked for cross-check by police, airtel/vf, Jio,banks, etc. No complaint shd be closed without complainant's approval.
1oct24
Action taken because he is an industrialist. for a common man, police hardly cares . This is a failure of our govt .
This doesn't make sense. Why didn't he call his lawyer straight away? He runs such a big business. Isn't that the first thing people like that do?
Must be in on it
So the scammer got scammed 😂
I am also dubbed by scammer for 6 lakhs complained to cyber crime running post to pillar with zero results
This has been happening for the past many years. Why is there no stopping for every 20 seconds and he is lucky that money is back. Digital defence awareness is required.
Cops are doing nothing to catch these guys. Phone numbers are available, Photos available on Whatsapp, Bank Accounts where transfers are done, etc etc. Why are there no large scale arrests? Or do the cops have some settings here?
These happens when Govt, RBI and Bank have no accountability to make SAFEGUARD that really works for the ACCOUNT HOLDER, but all their efforts are to SAFEGUARD THEMSELVES.
Forgot, if laws are made that Banks are not liable to make good the loss if not reported within 3 days. Now if this isnt protecting the Bank what else.
Indian govt needs to appoint cyber experts to manage and come up with a system that can't be used to scam
This news is a super failure of our cyber crime department, they should be moved into some other department permanently for allowing such things to happen and failing to ban these cyber crime culprits.
Thanks. What a detailed & crisp reporting.
a few companies operating out of india have been scamming the senior citizens of america what action have the govt taken?
At least he should spend another 1 crore to track down all these culprits.
A billionaire should have cybercrime expert among his personal/ official staff.
A person who could make so much money is fooled by some illiterate man…unbelievable
Preventive actions not taken by our cyber crime even we bring to their kind notice
How are such scams going on undetected?
Why the banks can't track which account has been credited online?
I would rather trust scammer than this old ceo scammer, they both are scammers
Well said!
DEEPLY WORRISOME TO ONE & ALL. BANKS & CYBERFORCE TOGETHER SHOULD FIND A WAY TO PROTECT ONE & ALL... 🇮🇳🙏
This is a culmination of many factors including...
Poor judicial system
Lack of enforcement of fundamental rights
Overreaching police force
Poorly implemented aadhaar
Fascist regime
Oh My God. We all will have to be very careful. 🙏🙏
Salute to cops who acted , arrested and recovered the money too
How to prevent cyber crime should be teach in school..
Very sad to hear this being done with Senior Citizens
I had a similar call I blocked his number. These scammers sound quite authentic.
Now Real CBI should call him.
Such sophisticated and large scale operations are impossible without involvement of senior politicians and senior police officers.
Thank you so much.
A few days back a 72 old lady, near where i live, lost 1,80,620,800 rupees to an online scammer.
The modus operandi was similar to what you describe.
Who would lose such an amount? If not for such big business. It should have come out in that case.
Mr Oswal is the CEO so he has a big staff working for him. Tax consultants,accountants etc. He should have condulted to his staff before doing such a big money transfer...😐
Stricter punishment should be announced for cyber financial scams.
Yes , let us be careful.
It shows Mr Oswal kept his executives out of the loop and acted in personal capacity.
For any listed company
internal controls , risk management, corporate governance, act as shields against such events.
Thank you for this video. More power to you. Keep going?
They made it as if it was real! I was just escaped from the scammers.
Dang! Well, it came easy and it left even easier. The main question is why did he panic, if he had nothing to hide?
Very unfortunate. When the CEO had felt he was getting tangled into a legal mess he should have involved his legal team.
Scammers , If you're watching it , this is for you 👉🥇
You're the best 😍
If you have nothing to hide, nobody can threaten you and scam you.
If you’re not greedy for money, nobody can tempt you and scam you.
ED should actually probe this issue, what made him pay Rs.7 cr. Without being guilty of doing something wrong
Very scary and informative
All banks should return money bank if it is being scmmed.. at end of day money will transfer to another bank mostly or any recognised organisation...
Mr. Oswal is not lucky. He is damn rich so he got his money back. If same thing had happened with a common man nobody would have bothered. I lost 19000 rs. Lodged a complaint also, nobody was bothered. Not even police nor bank officials. So if you are rich everybody will be behind the culprits but if you are a genuine tax payer then nobody is bothered.
more like blackmail. He knows how scam works. Even though is a senior citizen, he is an Experienced person.
So sad..i hope he gets it all back..
If he panicked then think of others
Oh man this is too much from the scamsters
The terror of ED CBI is reaching new heights
You will only panic when there is something which he was fearing off to be caught , if the guy was clean he would say let’s go to the court to the CBI
A CEO could not understand that arrest warrant is not sent on WhatsApp!
There's a sense of fear amongst everyone that the government is watching over us in all our financial dealings.
We get such calls everyday. As we have been informed adequately we are cautious. Even our friends hard earned money have been siphoned away because of lack of information or the general fear about pokice & IT official s
Our agencies are not doing anything about it. I'm also one of the victims of same kind of fraud. Only difference was that they told me that they will be recording my words to be presented in the supreme court while sitting in Mumbai police station (Video call). I filled the report on cyber number with in three hours but they didn't even block the account where my money was transferred. They took almost 4 months to file a FIR with local police station. Scamsters are much faster than our law. So be careful and forget about your lose if you are a common citizen.
These scams are increasing exponentially, why are the laws not changed and punishment increased to such an extent that deters them?
Cyber crime has blown out of proportion because of police anactiveness . The need of the hour is " strict anti cyber crime laws and get the cyber crime under organised crime category and good interstate co ordination of the police " .
The scammer tried to do the same with one of my friends but luckily I was with her tht moment.. C was saved
CBI must educate us. If they have educated us this will not happen.
Its called strong building on weak base...
We r all in denger...
DIGITAL Economy 😢😢😢😢😢😢😢
Right 👍👍
All these people having hundreds of crores of rupees in itself is criminal. While the hard-working ordinary citizen from the middle class is constantly paying taxes towards the growth and economy of this country. If an ordinary citizen loses money through scams I feel for them but not these super rich who escape from taxes.
Same type of thing happened in Kerala to many people Government has to do something to catch these kind of fellows
Being a wise man he fell for the scamsters..what is the fate of common people..
A phone call to CBI or going to their office should have been the step instead people trust scamster.
There's a possibility that these callers are not fake CBI officers. After all is said and done they could be real, genuine CBI officers.
Why can't GOI create a Cyber Crime Ministry with a minister and cyber security staff?
If old man is so naive the nation is not responsible at all
One needs to lose a lot of money to set the enforcement machinery in motion.
My neighbors relative was duped 1.44 chores in such fraud.
Indian are number 1 in cybercrime .
Resolution is being unshakable
And believing strong in oneself
Taxes are like basic fees for living in this country. You have to pay more money than criminals to get Justice.
He is a fraud
Bro go and search all over kolkatta or ride all call centres then your problem will be solved you wont do anything i mean the government.. then these thing will be happening on daily basis..
What is the central govt doing? It is all
over India. The centre govt remains oblivious to all these.
What you want them to do? Other than arresting them? You cannot record every call.
Greed .. greed, illusion. India story, materialism and greed.
Mr Oswal is lucky as he is powerful
Home Ministry of Centre and States and Provinces are responsible to allow these things to happen in the country.
Many frauds are reported.culpruts are arrested but then what .out on bail after 6 months .
Our laws when it come to financial crimes are too weak. This is the loophole these scammer are using without fear. Even the government it seem is not willing to put forward stringent laws to prevent such crimes. After all the country runs on money.
So many govt officials, politicians involved in this. It's Mr. Oswal who has recovered but what abt normal public duped and police don't even care to listen.
That's why all payments must be through UPI. Stop using Internet Banking and Credit/Debit card.
Something phishy here and something wrong with CEO. Infallible persons will never afraid of Scamsters, CBI or ED. So why can't CBI or ED is not questioning one billion dollar Vardhaman Group?
If they threaten with an arrest warrant, he should have talked to his legal aid before transferring such an amount.
Ya. It is understandable for someone who has no knowledge.
Now I have to sell Vardhmaan shares because if ceo is fearful to transfer 7 cr than something really fishy