Cyber fraudsters split Rs 95.65 lakh across 903 gaming accounts: Police
LUCKNOW, Sept. 29 -- Lucknow police have found that proceeds from a Rs 95.65 lakh cyber fraud case registered on September 25 were routed through 903 online gaming accounts after being transferred from two primary accounts in Guwahati and Ranchi.
"The pattern emerged during the investigation of a Rs 95.65 lakh digital-arrest fraud case registered at the Cyber Crime Police Station, Lucknow, on September 25," said ADCP crime Kiran Yadav on Monday.
In the case, fraudsters allegedly posed as CBI and Enforcement Directorate officials and used WhatsApp and video calls to threaten the victim with arrest and involvement in a money-laundering case before inducing the person to transfer the money.
The financial investigation has so far resulted in securing around Rs 44 lakh through liens.
Further analysis of the money trail led investigators to the two primary accounts, from where the funds were subsequently transferred to 903 online gaming accounts.
According to investigators, cybercriminals may avoid transferring large amounts directly into one account. Instead, the money is split into smaller transactions and moved through multiple bank accounts, gaming accounts and digital wallets, creating several layers between the victim and the eventual beneficiary.
In the latest case, investigators found the trail from two primary accounts extending to hundreds of gaming accounts.
Police are analysing the associated bank accounts, gaming wallets and digital transactions to establish how the money was moved and identify those who ultimately benefited from the fraud.
The investigation is also examining whether the holders of these accounts knowingly facilitated the movement of fraud proceeds or were themselves used as intermediaries....
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