Mumbai, July 4 -- Mumbai Crime Branch Unit-2 busted a major cyber fraud and money laundering racket linked to online gaming, arresting six people during a raid in Masjid Bunder on Sarturday.
Acting on a tip off, the Police conducted a raid at an office on Isaji Street in Masjid Bunder area of south Mumbai.
During the search, police recovered access papers to 142 bank accounts, 122 cheque books, 15 passbooks, a large number of SIM cards, computer systems and seals of 68 different companies.
According to police, the accused were using shell companies and fake bank accounts to layer and transfer proceeds from cyber fraud and online gaming.
Investigators confirmed that the seized bank accounts were used in at least 18 previously registered ...