Mumbai Police Bust Major Cyber Fraud Racket with International Links

Mumbai police have dismantled an international cyber fraud ring, arresting 12 individuals for defrauding Rs 60.82 crore. The operation involved selling bank accounts and SIM cards, linked to multiple fraud cases nationwide. Over 943 bank accounts were purchased by the gang, with 181 used in fraud.

Mumbai police successfully dismantled a major international cyber fraud ring, arresting 12 individuals in connection to scams amassing Rs 60.82 crore, an official announced.

The arrests followed a crime branch raid in Kandivali, seizing a trove of materials including SIM cards, bank accounts, and electronic devices tied to the fraudulent activities.

The operation unveiled that the accused were exploiting purchased bank accounts and SIM cards, further spotlighting 181 accounts specifically linked to various cyber scams.

(With inputs from agencies.)