In a significant development, the national Lok Adalat issued a historic order on Saturday, directing the refund of Rs 2.19 crore to 546 victims of cyber fraud in the state within a single day.
This was made possible through the collaborative efforts of the Telangana State Cyber Security Bureau (TSCSB) and the Telangana State Legal Services Authority.
Upon receiving complaints of financial cybercrime, the TSCSB swiftly takes action to freeze or suspend the victim’s funds in the accounts of the fraudsters.Typically, reports of financial cyber fraud are lodged through the TSCSB call center on the helpline 1930. Subsequently, specialized officers monitor the National Crime Reporting Portal to trace the flow of funds from the victim to the perpetrator. They then liaise with the relevant banks to halt the victim’s funds.