Overview
- Two key operators were picked up on Monday, adding to five earlier arrests from a November 12 raid at Shivsai Residency on the Mumbai–Ahmedabad Highway.
- Police say victims were groomed on matrimonial and social media platforms, then steered to bogus forex and gold-trading sites showing manipulated returns.
- Funds were funneled through multiple mule bank accounts using encrypted communications and fake digital identities to evade detection.
- The probe has connected the accused to 51 FIRs across several states, with losses exceeding Rs 200 crore and hundreds of victims identified.
- A case is registered at Naigaon under the Bharatiya Nyaya Sanhita and the IT Act, all seven suspects are in judicial custody, and police report a key handler traced to Dubai who converted proceeds to cryptocurrency.