Can I recover my money lost in cyber fraud?

I lost money in a cyber fraud involving drugs in a parcel. The fraudsters took a loan from my ICICI bank and emptied all my savings, transferring 9.5 lakh from the loan and 5 lakh of my savings into their SBI account. The cyber team says the money was transferred further. I reported this to the bank and cyber team the same day. What is the possibility I will get my money back?

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Advocate By LEAD INDIA Answered: 27 Feb 2025

You should file a formal complaint with the bank, the cybercrime department, and the police immediately, providing all evidence of the fraud. You may also contact the Cyber Cell of the police for further assistance. Since the fraud involves significant amounts, they may trace the fraudsters and help you recover your funds. For further legal assistance contact us on our helpline number.
 

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