Overview
- The Delhi Crime Branch arrested five operatives, including a bank relationship manager, and linked seized devices and records to 52 cyber fraud complaints across 12 states.
- Investigators say the syndicate operated under a handler identified as Tom, paid about ₹1.5 lakh per bank account opened, and converted proceeds to USDT to move funds abroad.
- Delhi police reports indicate victims were duped of nearly ₹500 crore through fake stock investment schemes, with at least 34 fraudulent accounts opened with the bank official’s help.
- Kerala’s Operation Cy-Hunt registered 439 FIRs and arrested 284 suspects in a statewide sweep, identified 2,683 suspected facilitators, and plans further coordinated probes.
- Separate cases saw four arrests over more than 100 fake hotel-booking websites tied to an advertising agency, two arrests in a UP phishing ring linked to 35 cases, and a Ghaziabad man held for supplying mule accounts in an insurance scam.