Hyderabad, Feb. 24 -- In a major nationwide crackdown, the Hyderabad police busted a large cyber fraud network operating across 16 states, with 104 people being arrested and recovering Rs 36 lakh cash and more than 200 mobile phones.

The crackdown was carried out under the leadership of V Aravind Babu, Deputy Commissioner of Police (Cybercrimes) across the 16 states.

The operation targeted networks that were involved in investment scams, trading frauds and so-called "digital arrest" scams. Following an investigation, cybercrime officials identified 151 bank accounts used to channel and launder fraudulent funds. A total of 32 special teams conducted simultaneous operations over 10 days across multiple states to dismantle the network.

Hy...