Rajasthan Police Cracks Major Cyber Fraud Racket

The Rajasthan Police arrested 17 individuals involved in a cyber fraud operation that deceived an accountant into transferring Rs 5.30 crore. By impersonating a company's chairman on WhatsApp, the fraudsters misled the victim into moving funds through various bank accounts, which were then withdrawn or converted into cryptocurrency.

The Rajasthan Police have successfully dismantled a cyber fraud network with statewide ties, arresting 17 suspects. This operation reportedly defrauded an accountant of Rs 5.30 crore by impersonating his company's chairman via WhatsApp, as confirmed by authorities.

Key revelations from the investigation showed illicit fund transfers through numerous bank accounts. These sums were subsequently withdrawn as cash or transformed into cryptocurrency and moved through clandestine hawala channels. DIG Cyber Crime, Shantanu Kumar Singh, shared that the painstaking probe led to the apprehension of individuals across Kota Rural, Pali, Jodhpur, Banswara, and Barmer.

Those arrested represent a diverse group, including law students and salon workers. The roles ranged from providing bank accounts and managing withdrawals to converting funds into digital currencies. Investigators discovered that the culprits even secreted meetings at tea stalls to distribute their undue commissions, which varied between Rs 3,000 to Rs 50,000 per account.