New Delhi, April 16 -- The Cyber Cell of the Delhi Police has arrested three cyber fraudsters, including a relationship manager of City Union Bank, who allegedly facilitated mule accounts used to siphon off cheated money and are suspected to have international links.
The police were informed about the fraud through complaints registered on the National Cyber Crime Reporting Portal. According to the police, the racket has been linked to foreign handlers operating through Telegram channels, with investigators uncovering a broader network involving cryptocurrency transactions and advanced digital tools. The case, registered as an FIR under sections 112 and 318(4) of the BNS at Pandav Nagar police station on April 8, originated from a complaint filed on the National Cyber Crime Reporting Portal (NCRP).
The complainant, Aman Babu Maurya from Bareilly, Uttar Pradesh, reported a fraudulent transfer of 10,000 rupees from his bank account on February 22. During the probe, police traced the transaction to a mule bank account held at City Union Bank in Mayur Vihar Phase-1, Delhi.
The account, registered under the name Construction Royal Enterprise and operated by Shokin, a resident of Old Kondli, was found to be linked with at least eight NCRP complaints, indicating repeated use for cyber fraud activities.
A dedicated police team conducted detailed financial and technical analysis, examining KYC documents, transaction patterns, and digital evidence.
Shokin was arrested and revealed that he had opened the account at the behest of his nephew, Sharuk alias Jojo, who was later apprehended.
Further interrogation led to the arrest of Franshu Kumar (23), a relationship manager at the same bank, whose role in facilitating mule accounts for monetary gain was established through technical evidence.
Forensic analysis of Sharuk's mobile phone revealed connections with foreign handlers via Telegram. Investigators found that mule account details were shared with overseas operators, commissions were paid in cryptocurrency (USDT), and APK-based SMS forwarder tools were used to access OTPs and remotely control bank accounts.
Police said the syndicate operated in a structured manner, involving the creation of mule accounts, sharing credentials with foreign handlers, rapid layering of funds, and conversion into cryptocurrency to evade detection. Further investigation is underway to identify additional members and trace the international links behind the network.
Published by HT Digital Content Services with permission from Millennium Post.