The Cyber Cell of the Delhi Police’s Crime Branch has nabbed a 25-year-old man for allegedly siphoning off Rs 26.32 lakh from the bank account of his father over a period of four months, officials said on Sunday.
Following an extensive investigation led by Inspector Subhash Chandra and his team under the supervision of ACP Anil Sharma, the accused, Shivam Sharma, a BA graduate and former BPO employee, was arrested on October 25.
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“Police have recovered 100 grams of gold and frozen Rs 3 lakh in his HDFC Bank account,” the police said in a press note.
According to officials, the victim, a 68-year-old former parking operator at Azadpur Mandi, entrusted his stepson with managing his bank transactions due to limited digital knowledge. Leveraging the opportunity, Shivam allegedly executed a well-planned digital fraud.
Shivam reportedly stole the SIM card linked to the bank account on March 23 while his father was attending the last rites of his first wife. Later, he made a fraudulent UPI ID, purchased gold coins through Amazon and Flipkart, and hid the valuables in a wall-mounted almirah.
He also diverted nearly Rs 6 lakh in cash through cyber cafe operators, offering them a commission of up to 10 per cent. Later, he destroyed the SIM card and his mobile phone to erase the digital traces of theft. Police revealed that Shivam even helped his father file a complaint about this cybercrime, pretending to be completely unaware of the digital fraud.
Throwing light on the motive behind the crime, investigators stated that Shivam felt alienated after his father handed over the family’s parking business to his elder son from the first marriage. Though Shivam initially denied the charges during interrogation, he later confessed to his involvement in the crime, leading to the recovery of the stolen gold and funds.
The case highlights the growing intersection of family disputes and cyber-enabled financial crimes, police said. Further investigation is underway.