India's Expanding ₹20 Crore Cyber Fraud Network Uncovered

Mumbai Cyber Crime Police arrest suspect in digital arrest scam as investigations reveal nationwide syndicate targeting vulnerable individuals.

Mumbai Cyber Crime Police arrested Sohail Bashir Shaikh for his alleged role in a ₹90 lakh digital arrest scam targeting a retired director.
The scams involve impersonation of CBI officials, coercing victims to transfer money under the guise of legal investigations.
Two victims in Andheri, a homemaker and a medical store owner, collectively lost ₹38 lakh through similar digital arrest fraud tactics.
A separate Ludhiana case saw a businessman lose ₹7.76 lakh, likely through a malicious link granting fraudsters access to his account.
Authorities have traced ₹60 lakh to a Hyderabad-based account and linked the scams to a ₹20 crore fraud spanning 13 bank accounts nationwide.