Cybercell Hold Bank Account for Certain Amount Solution?

[idlipuri]

I have done few trades with verified people in localbitcoins. After few weeks my SBI bank Holded an X amount reason Cybercell MHA NOC

As usual sbi staff has no clue.

I have dig up some info from twitter and few law forums and youtube videos lots of accounts or on hold or freeze.

How can i remove the hold? Contacted cybercell via site no response.

Any solutions or precautions or measures to be taken.

Please reply fellow members.

[edgycorner]

>localbitcoins
Someone definitely concluded a scam and made you a part of it.

The cybercell is doing an investigation into that scam, and you probably received victim's fiat while the real scammer got your "bitcoins" in exchange. You should send an E-mail to the cybercell as a record, explain how you are oblivious about the reason of this freeze and would like to know more.
Or make a call, like synthia331 said.

They will be interested in knowing about a certain transaction.

Provide them will all the details(like who initiated the trade on localbitcoins, time, if you have their phone number etc).

Were you accepting third party payments?

[idlipuri2]

>localbitcoins
Someone definitely concluded a scam and made you a part of it.

The cybercell is doing an investigation into that scam, and you probably received victim's fiat while the real scammer got your "bitcoins" in exchange. You should send an E-mail to the cybercell of MH as a record, explain how you are oblivious about the reason of this freeze and would like to know more.
Or make a call, like synthia331 said.

They will be interested in knowing about a certain transaction.

Provide them will all the details(like who initiated the trade on localbitcoins, time, if you have their phone number etc).

Were you accepting third party payments?

I forgot my pass of idlipuri account.

I have checked all transactions few traders done third party payments like on child name and company name.

[idlipuri2]

same thing happened to me. you have to call the particular cyber cell and speak to the investigating officer handling your case in order to remove the freeze

Can you PM me how to overcome this.

[edgycorner]

I forgot my pass of idlipuri account.

I have checked all transactions few traders done third party payments like on child name and company name.

If someone makes a payment with different name(whether child or relative) ask for their ID. Try not to accept payments from accounts with company name.

same thing happened to me. you have to call the particular cyber cell and speak to the investigating officer handling your case in order to remove the freeze

Can you PM me how to overcome this.

Have you visited your Bank's branch?
They should have all the information regarding who or which jurisdiction requested the hold on your account. Talk to branch manager if clerks are of no help.

Act desperate & clueless when you are at the brank. You have to be stubborn to get things done in SBI branches.
Make the branch manager help you with the details and ask him the procedure to get the hold removed. Do as he(the manager) directs you. Try to get as much information as you can from him.

[pawanjain]

I forgot my pass of idlipuri account.

I have checked all transactions few traders done third party payments like on child name and company name.

If someone makes a payment with different name(whether child or relative) ask for their ID. Try not to accept payments from accounts with company name.

same thing happened to me. you have to call the particular cyber cell and speak to the investigating officer handling your case in order to remove the freeze

Can you PM me how to overcome this.

Have you visited your Bank's branch?
They should have all the information regarding who or which jurisdiction requested the hold on your account. Talk to branch manager if clerks are of no help.

Act desperate & clueless when you are at the brank. You have to be stubborn to get things done in SBI branches.
Make the branch manager help you with the details and ask him the procedure to get the hold removed. Do as he(the manager) directs you. Try to get as much information as you can from him.

That's exactly what OP should do. If the amount in our bank is frozen then it is the bank's responsibility to let us know why it is so.
They should also provide a solution on how to overcome the issue and provide all the necessary relevant details.
OP should visit the branch and talk to the manager directly since he would be the right person to talk about such issues.
Also, OP should have all the details about the transaction and valid proofs on his end to make sure he didn't do anything illegal.

[avikz]

There is a thread in the legal section of the forum loaded with important information,

https://bitcointalk.org/index.php?topic=5349166.0

Usually you do not have to worry if you have just done a trade through localbitcoins and are not involved in the scam.  It will take time but if you approach the IO in person, that will make the most impact.

[BGMI]

Best solution will be to write an application to your bank and raise a complaint to RBI. No law firm or cyber cell can hold you funds without notification unless that is a money laundering case.

[teosanru]

I have done few trades with verified people in localbitcoins. After few weeks my SBI bank Holded an X amount reason Cybercell MHA NOC

As usual sbi staff has no clue.

I have dig up some info from twitter and few law forums and youtube videos lots of accounts or on hold or freeze.

How can i remove the hold? Contacted cybercell via site no response.

Any solutions or precautions or measures to be taken.

Please reply fellow members.

This is problematic, i think best way can be to pursue this legally try having a word with the cyber crime department by directly walking into the department, or maybe you can try to approach the court as well if you can prove that you are facing issues in your daily activities because of all this. Government is surprising first they will want you to keep everything in bank account then they will freeze it with you waiting for your own money. How problematic is it for someone who doesn't keeps handy cash.

[idlipuri2]

Compliant has been lodged in bihar . I never did trade with persons belonging to bihar .Mailed the Cybercell guys called them and personally visited their office they have no clue and IO has been not alloted wasted 20k in expenses till now.