India, July 22 -- The police have registered an FIR after uncovering an alleged cybercrime syndicate that used three bank accounts to receive and siphon off proceeds from online frauds worth nearly Rs.11.5 crore. Police said the accounts were linked to around 1,450 cybercrime complaints reported across the country.

The FIR was registered on July 20 at the Navi Mumbai Cyber Police Station under Sections 318(4)(cheating), 317(2)(stolen property) and 3(5)(common intention) of the Bharatiya Nyaya Sanhita (BNS) based on a complaint filed by police constable Aruna Patil.

According to the FIR, the account holders and operators allegedly helped receive, conceal and distribute proceeds of cyber fraud, making them prima facie members of an organi...