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New Delhi, Nov 10 (IANS) In a major crackdown on organized cyber-enabled financial crimes, the Cyber Cell of the Delhi Police Crime Branch has dismantled several pan-India fraud syndicates involved in “digital arrests” and “investment fraud” operations, Delhi Police said on Monday.
Coordinated raids in Delhi, Haryana, Punjab and Uttarakhand led to the arrest of key operatives and identification of a cryptocurrency trail worth Rs 5 crore linked to Dubai-based operators.
According to the police, Atul Sharma of Kurukshetra, Haryana emerged as a key link in the investment scam run by Dubai-based handler Sumit Garg.
Acting on technical intelligence and e-commerce data analysis, police recovered several mobile phones, SIM cards, laptops and bank documents during a raid in Gurugram. Investigators discovered three cryptocurrency wallets containing approximately 552,944 USDT (approximately Rs 5 crore).
Another accused, Rahul Manda of Hisar, Haryana, was arrested from Roorkee, Uttarakhand for his role in the “digital arrest” fraud in which a complainant was defrauded of Rs 30 lakh.
Manda, a former convict in the culpable homicide case, was providing several accounts to the cyber syndicate.
In Punjab, police arrested 35-year-old Varun Anchal alias Lucky from Jalandhar for extorting money by impersonating law enforcement officials.
He was earlier arrested in similar crimes in Punjab and Haryana.
Amit Kumar Singh of Saran, Bihar – a former bank employee – was also arrested for providing the bank accounts used to withdraw Rs 39.5 lakh in an investment scam.
In a related development, the Supreme Court has canceled the bail of Ludhiana-based accused Lakshya Nanda, one of the masterminds behind the fake investment platforms that defrauded victims of Rs 48.35 lakh.
“Nanda was one of the main masterminds operating the fake investment platform. The bail was canceled due to effective legal coordination and evidence presentation by the cyber cell,” the police said.
DCP Aditya Gautam said that the operation was carried out by a dedicated team led by Inspector Sandeep Singh and Inspector Ashok Kumar, comprising: SI Rakesh Malik, SI Jagseer, HC Mohit Malik and other officers.
Similarly, several digital devices, fake firms, mule accounts and a Scorpio-N SUV were seized.
–IANS
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