By Tysion PrabhuCOIMBATORE: A Rajasthan-based cyber fraudster was sentenced to two years of rigorous imprisonment by the judicial magistrate court-IV in the city on Monday for duping a man of Rs 47.40 lakh.The cyber fraudster, P Surendra Dewal, 24, was arrested by the Coimbatore city cyber crime police on April 22, 2025.According to the police, H Madankumar of Chokkampudur in the city was added to a WhatsApp group named ‘G3 Hem Securities Exchange Group’, where he was asked to open a Hem Premium Account and invest in ‘block trading’. The cyber fraudsters assured him quick and high returns. Falling into the trap laid by the cyber fraudsters, Madankumar opened a premium account and transferred Rs 47.40 lakh to various bank accounts provided by the scammer. When he attempted to withdraw the invested money through a mobile application, his effort went in vain. The victim lodged a complaint with the Coimbatore city cyber crime police, and an FIR was registered.Investigations revealed that Rs 40 lakh had been credited to the bank account of Surendra Dewal. The police filed a chargesheet against him before the judicial magistrate court-IV. Judicial magistrate Arun Kumar pronounced the verdict on Monday.
