New Delhi, Nov. 17 -- Delhi Police Crime Branch dismantled an interstate syndicate by arresting three accused involved in running high-value forex trading scams and uncovering an international link to a handler based in Dubai, an official said on Monday.
According to the police, the syndicate set up shell companies and opened numerous mule bank accounts to receive and launder money taken from victims nationwide.
"The current accounts of firms like Rebootz Sync Professionals Pvt. Ltd. and ThinkSync Professionals Pvt. Ltd. served as Layer-1 and Layer-2 channels to route nearly Rs 40 lakh from one victim, with the funds rapidly dispersed to hide their trail," said Aditya Gautam, Deputy Commissioner of Police (Crime).
The officer added furth...