Overview
- Crime Branch officials said the group worked under a Dubai-based handler known as Tom, with a bank relationship manager accused of opening bogus current accounts and leaking NCRP freeze alerts.
- Police linked seized records to 52 complaints across 12 states and, in one account, estimated losses near ₹500 crore tied to fake stock and investment schemes.
- Raids in Delhi, Gurugram and Hisar recovered 18 phones, 36 SIM cards, a laptop with cryptocurrency wallet data, cheque books and documents for multiple front companies.
- In a parallel crackdown, Kanpur Police arrested two suspects connected to at least 35 phishing complaints worth nearly ₹60 lakh involving fake credit card upgrade calls.
- States reported related busts, including Kochi’s arrests of student mule-account providers, a Delhi fake hotel-booking ring with over 100 counterfeit sites and 132 complaints, and a Mohali gaming-app scam pegged near ₹3 crore using servers in Dubai.