Hyderabad, June 26 -- The Hyderabad Cyber Crime Police have busted a sophisticated matrimony-cum-investment fraud worth Rs 1.46 crore and arrested four persons from Telangana for allegedly operating a network of mule bank accounts used to launder money siphoned off from unsuspecting victims.

The arrested accused have been identified as Chokkala Sampath (29) of Siddipet, Hechu Naresh (37), Endla Suresh (43), and Vadkala Mahesh (33), all residents of Secunderabad.

Police said the accused facilitated the withdrawal and transfer of cheated money through multiple mule bank accounts before routing the proceeds to Singapore-based cyber fraudsters via hawala channels.

According to the police, the case came to light after a Hyderabad resident l...