Beware! UPI Cash Exchange Scam Freezes Bank Accounts in Hyderabad

• Cybercriminals use 'money exchange' scams, giving cash and asking for UPI transfers, linking innocent people to crimes.
• Scammers target crowded places, claiming ATM/internet issues, offering commission for UPI transfers to specific numbers.
• Police freeze accounts linked to these transactions as the cash might be from cybercrime, forcing victims to prove innocence or repay stolen money.
• Daily 20-30 cases reported in Hyderabad; victims often travel to other states or repay funds to unfreeze accounts.
• Police Commissioner C.V. Anand warns against cash transactions with strangers and advises reporting cyber fraud to 1930.