Hyderabad, June 20 -- : The Cyber Crime Police Station, Cyberabad, has arrested seven persons in connection with an online trading fraud case and unearthed a network involved in supplying mule bank accounts, handling fraudulent proceeds and facilitating money laundering for organised cyber fraud syndicates.
According to the police release, the arrests were made in connection with Crime No. 1053/2026. The accused were allegedly involved in arranging bank accounts, supplying account holders, collecting fraud proceeds, transporting cash and routing illegally obtained funds through multiple accounts.
The arrested persons include Raparthi Goutham (28), Senapathi Pentaiah (56), Bodala Sai Kumar (28), Murapakala Kumar (30), Vijjypu Satyanarayana...