Rae Bareli Police Arrest Eight in Cyber Fraud Case Involving Bank Accounts

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Overview of the Cyber Fraud Scheme

Rae Bareli police have detained eight individuals in connection with a suspected cyber fraud operation involving the creation and management of bank accounts and business entities used to process illicit funds. The investigation, conducted by a joint team from the Kotwali Nagar police and cybercrime division, uncovered a network allegedly facilitating financial transactions linked to online fraud. The accused are alleged to have established businesses and bank accounts using fabricated documentation. Funds obtained through cybercrime activities were reportedly deposited into these accounts before being transferred to additional accounts. Investigators noted that the funds were also withdrawn via ATMs and other methods. Documents such as Aadhaar cards, PAN cards, and other identification materials were reportedly utilized to create the businesses and open bank accounts. Once established, the GST registration details and banking information were allegedly provided to other individuals involved in cyber fraud, who then directed illicit funds into the accounts. The structure of the operation aimed to obscure the origin of the money by routing it through multiple accounts.

Investigation Details

A detailed interrogation of the arrested individuals is underway to determine the scope of their involvement and the mechanisms of the alleged scheme. The eight detained suspects include Anand Mishra from Banda, Prabhakar Srivastava, Syed Mohammad Azam, and Mohammad Akram from Rae Bareli, as well as Akash Gaud from Indore, Jatin Sen, Bablu Rishte, and Surendra Singh. During the operation, law enforcement recovered nine smartphones, four chequebooks, five Aadhaar cards, three PAN cards, and three SIM cards from the suspects. Additional seized items included documents related to bank account openings, Udyam registrations, and business registrations. Other materials recovered comprised stamps, rent agreements, visiting cards, driving licenses, Aadhaar-related documents, and registration certificates. These items are being analyzed to trace the creation and usage of the accounts and businesses linked to the alleged fraud. A formal case has been registered, with investigators examining financial transactions tied to the suspected network. The probe is focusing on the movement of funds through the accounts and the broader financial trail.

Supervision and Ongoing Probe

The operation was supervised by Superintendent of Police Ravi Kumar, with oversight from Additional Superintendent of Police Sanjeev Kumar Sinha and Circle Officer Nagar Arish Naim.