With the advent of technology, online frauds are becoming day by day in Hyderabad. Cyber Crime Police Stations were getting heaps of such cases every day but they are unable to track down or freeze illegal accounts. Most of these fraud websites route all the money to foreign banks.
Even when police contact these branches, they are totally non-cooperative and refuse to freeze concerned bank accounts. Most of the times, in case of financial frauds, action can be taken only when there is an international treaty with that country.
Fraudsters are choosing such banks in countries which do not have treaties with India and are escaping Police traps. In such cases, the police have to get a Letter of Rogatory issued through a local court and give it to Interpol, who in turn follow it up with the foreign country. This is a time consuming process by when the fraudsters eat away all the money.
