usually report police is waste of time. BUt is ok if that makes u feel better because it will be thrown into the cabinet for filing only. YOur money is goooooooneeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee.
The best u can do is find out who owns that hp num or the bank account and find the person out. If u can drag him to police station or sue him maybe there is a chance