Re: Solution for Bank Account frozen by Cyber Police due to P2P Trading (India)
It is much more difficult to communicate with banks and it is necessary to assess the risks of blocking. It is easier to communicate with the police, but you must be registered as an entrepreneur and pay taxes. If you prove to the police that you are engaged in legal activities, then they will only be happy not to start a criminal case and recommend that all participants go to civil court
If you want to continue to engage in P2P exchanges, then you need to learn how to communicate with the police and banks.
I would be more than happy to contact and cooperate but how when they themselves are uncooperative. The Banks don't give any info and just say to contact Cops and they provide reception contact details of cops. The cops don't cooperate as well. They just block the account and don't communicate. I still don't know who the IO for this complaint is. How do I contact them? Any suggestions?
I am doing nothing illegal and I intend to pay taxes. I only started last month but I will pay taxes after the financial year ends.