Overview

• Searches on October 7 covered locations in Delhi, Noida, Gurugram and Mumbai as part of an ongoing money-laundering investigation.
• Investigators say multiple call centres in Rohini, Paschim Vihar and Rajouri Garden posed as customer support for Charles Schwab, Microsoft and Apple.
• Operators also impersonated police and investigating officers to threaten arrest and extract payments from foreign nationals.
• Victims’ funds were converted into cryptocurrencies and gift cards, with wallet activity running into millions of US dollars and routed to India-based and overseas accomplices.
• Separately, the ED recently filed a chargesheet against Raj Kundra alleging possession of 285 bitcoins, highlighting concurrent crypto-focused enforcement actions.