Hyderabad, March 12 -- The Central Bureau of Investigation (CBI) on Wednesday, March 11, conducted coordinated searches at 15 locations across Delhi, Rajasthan, Uttar Pradesh and Punjab in connection with a case related to large-scale organised online investment and part-time job fraud involving offshore withdrawals and overseas fintech platforms, predominantly the Dubai-based "Pyypl".

The case was registered by CBI based on inputs received from the Indian Cyber Crime Coordination Centre (14C). It was alleged that thousands of unsuspecting Indian citizens were cheated of crores of rupees through deceptive online schemes operated by an organised transnational fraud syndicate.

Investigation revealed that the network exploited social media...