Overview
- Delhi Police Crime Branch conducted coordinated raids across Delhi, Haryana, Punjab and Uttarakhand, arresting key operators in digital-arrest and investment scams and tracing about 552,944 USDT (roughly ₹5 crore) in three wallets tied to a Dubai-based handler.
- West Bengal Police registered a consolidated FIR after probing a 2024 case, raided premises linked to industrialist Pawan Ruia, and outlined a network that allegedly moved roughly ₹317 crore through 148 shell companies with substantial funds converted into cryptocurrency.
- Telangana’s Cyber Security Bureau detailed a 25‑day October operation that led to 81 arrests across five southern states, exposed facilitators including bank staff and 53 mule-account holders, and initiated account freezes and victim refund processes.
- Gujarat CID‑Crime arrested Surat resident Chetan Gangani for converting about ₹10 crore into USDT and transferring it to a Pakistan‑based wallet, building on earlier arrests tied to a mule‑account network that routed funds to overseas operators.
- Parallel actions uncovered SIM and account‑supply infrastructure, with Visakhapatnam police arresting five for activating 300–350 fake SIMs and others for managing mule current accounts used to launder proceeds from investment and digital‑arrest schemes.