Cyber Fraud Unveiled: Attempted Swindle in MLC's Development Fund

Four individuals face charges after allegedly attempting to fraudulently transfer Rs 3.60 crore from BJP MLC Prasad Lad's local development fund, according to a Mumbai police source on Thursday.

Lad reported the incident to Sion police, revealing that the suspects attempted the transfer from Ratnagiri to Beed, using counterfeit documents and AI-technologies, leading to a cyber fraud FIR.

An alert official detected suspicious activity, preventing the criminal act from succeeding, a police official reported.

(With inputs from agencies.)