crime

Cyber fraud: ‘Resentful’ son siphons off Rs 26 lakh from father, arrested

Published by
PTI

A 25-year-old man, driven by jealousy and resentment towards his stepbrother, allegedly defrauded his own father of over Rs 26 lakh by exploiting his digital inexperience, an official said on Sunday.

According to police, the accused, Shivam Sharma, executed the fraud over four months after stealing the SIM card linked to his 68-year-old father’s bank account.

The victim, a retired parking operator from Azadpur Mandi, had trusted his son to manage his online banking due to his poor health and limited digital literacy, officials said.

“Harbouring anger after his father handed over the family’s parking business to his son from his first marriage, Sharma devised a plan to misappropriate his father’s savings. On March 23, while his father was attending the last rites of his first wife, Shivam discreetly took the SIM card associated with the bank account,” a senior police officer said.

Using the SIM, he created a fraudulent UPI ID and began transferring money through digital platforms, according to the officer.

“He purchased gold coins from e-commerce sites and hid them inside a wall-mounted almirah at home. He also routed about Rs 6 lakh in cash through cyber cafe operators, paying 2 to 10 per cent commissions to them for facilitating withdrawals,” the officer said.

To erase digital footprints, Shivam later destroyed both the SIM card and his mobile phone, police said. According to police, despite being the perpetrator, he pretended to be a victim alongside his father, and even helped file a cybercrime complaint.

Also Read: Over 100 corruption cases registered by CBI in Delhi in 2025

Police said they used advanced cyber analytics and field intelligence to crack the case, recovering 100 grams of gold, and froze Rs 3 lakh in his bank account.

Shivam, a BA graduate and former BPO employee with no previous criminal record, was arrested on Saturday at his residence. He initially denied the charges but later confessed during interrogation, leading to the recovery of the stolen assets, police said.

PTI

Published by
PTI
Tags: delhi

Recent Posts

Delhi peak power demand hits all-time high of 8,748 MW amid heatwave conditions

City surpasses last year's record as soaring temperatures push electricity consumption to unprecedented levels

June 29, 2026

Delhi doctors treat two Papua New Guinea children with rare spinal birth defects

The children, who had lived with paralysis and bladder dysfunction since birth, underwent complex neurosurgical…

June 29, 2026

Husband arrested for stabbing wife to death in east Delhi over suspected illicit affair

Police say the accused travelled from Lucknow, bought a knife in advance and allegedly killed…

June 29, 2026

No stay order after Centre has taken over Jaipur Polo Ground, says Delhi HC

Delhi HC says no stay can be granted after the Centre takes possession of Jaipur…

June 29, 2026

10 arrested in Delhi for online banking frauds worth Rs 26 lakh

Delhi Police arrested 10 members of an interstate cyber fraud racket allegedly involved in APK…

June 29, 2026

Delhi govt to roll out 300 new e-buses on July 4: CM Rekha Gupta

Chief Minister Rekha Gupta says 300 new electric buses will be rolled out on July…

June 29, 2026