A man accused of being linked to a cyber fraud syndicate was arrested
“A money laundering case has come to light involving a 24-year-old man accused of working with a cyber fraud syndicate.”
An important development in the city police’s “Cyber Shield” operation was the arrest of a 24-year-old man suspected of money laundering for an international cyber fraud syndicate in Jaipur.
It is suspected that the accused, Ajay Kumar of Ajit Colony, Jodhpur, is an active participant in the global cybercrime network known as TINBO, which deceived individuals in other Indian states. On July 16, an intelligence-led raid at a restaurant on Meera Marg resulted in the arrest.
After being observed acting strangely, Kumar was taken into custody at the Colava Multi Cuisine Restaurant, which is situated above Hotel Palmtown. Thirteen ATM and debit cards, eight SIM cards, two cell phones with incriminating chats, a bank passbook, and Rs 71,220 were found by the police.
Rajendra Godara, SHO, (Shiprapath Police Station)
| Under the direction of DCP (South) Digant Anand, a targeted investigation led to Kumar’s arrest.
“This intermediary wasn’t innocent. He actively participated in the money laundering process and was fully aware of the unlawful proceeds.” |
Police
| The national 1930 Cyber Portal confirmed that the confiscated ATM cards were connected to 51 cyber fraud complaints that were submitted around India. |
What happened?
| 1. Investigators believe the network may have a far broader reach, with other agents employing comparable money laundering techniques.
2. Kumar is accused of working for TINBO as a commission agent, obtaining SIM cards and bank accounts from different people. 3. He sent the handlers these credentials over WhatsApp. 4. He would withdraw the money after the fraud proceeds were deposited, exchange them for cryptocurrency (mostly USDT), and then send the money using wallet addresses or QR codes that the gang had supplied. 5. He got 7% of every transaction in exchange. 6. Kumar was placed under police custody till July 21 after being charged under Sections 316(2), 318(4), and 61(2) of the Bharatiya Nyaya Sanhita (BNS). 7. As digital forensic specialists examine confiscated material, investigators say more arrests are likely. |
Police have warned the public not to fall for unsolicited financial offers, especially those that are spread through social media, WhatsApp, and Telegram.
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