India, March 31 -- The West Bengal Police's Cyber Crime Wing has arrested industrialist Pawan Ruia, chairman of the Ruia Group, in connection with an alleged multi-crore cyber fraud operation, media reports said.

According to investigators, Ruia is suspected to have links to a wider cybercrime network accused of defrauding victims across the country through sophisticated online scams.

Officials claim that the illicit funds were reportedly funneled through a web of shell companies and layered financial transactions to obscure their origin.

The arrest follows a series of coordinated raids at properties associated with the businessman as part of an ongoing probe into a pan-India cyber fraud estimated to run into hundreds of crores.

Polic...