Neeraj BaliChandigarh, Oct. 1 -- The Enforcement Directorate has arrested an alleged principal handler in the Rs 7-crore "digital arrest" fraud involving industrialist S.P. Oswal, saying its investigation has uncovered a network of mule bank accounts, cryptocurrency payments and foreign-based associates used to route and conceal proceeds of cybercrime.
Sohel Akhtar alias Raju was arrested in Kolkata on September 28, under the Prevention of Money Laundering Act (PMLA), after the ED's Jalandhar zonal office conducted searches at three locations in West Bengal, the agency said in a statement on Thursday.
After a Kolkata court granted transit remand, Akhtar was produced before a special PMLA court in Jalandhar, which remanded him to ED custod...