New Delhi, Oct. 13 -- The Delhi Police's IFSO unit has cracked an international cyber fraud syndicate, allegedly operating from Cambodia and other Southeast Asian countries, and arrested 11 accused in the process, recovering Rs 7.25 crore in a digital
arrest case. The police were informed about the fraud through a complaint registered at the National Cyber Crime Reporting Portal.
According to the police, the syndicate was allegedly impersonating law enforcement officials to threaten victims and siphon off money, besides conducting investment fraud via mule bank accounts.
Police said 1.96 crore rupees was on hold in HDFC Bank and State Bank of India accounts in pending digital arrest and investment fraud cases. Investigation revealed that the accused had allegedly been using Telegram channels and a suspicious "SMS Tools" application to conduct transactions and forward one-time passwords to their foreign handlers.
Six mobile phones with chats and cryptocurrency transaction records were recovered. Police said the network was linked to 78 National Cyber Crime Reporting Portal complaints from across the states, involving about 73 crore rupees. Further investigation is underway to trace the financial trail and identify other members.
Published by HT Digital Content Services with permission from Millennium Post.