Rajasthan Mastermind’s Mule made Rs 20 Crore Cyber Loot via Web Links
“The kingpin of a Rs 20 crore cyber fraud network is apprehended by Rajasthan police.”
The accused mastermind of a cyber fraud network that transferred around Rs 20 crore through mule accounts has been taken into custody, according to Rajasthani authorities. The arrest, which was a component of “Operation Cyber Sangram,” has revealed a network of false bank accounts, fabricated identities, and interstate connections that extend beyond the boundaries of the state.
What happened?
Alwar Police reported the arrest of a man they named as Barkat Ali, who authorities said was the main player in a cyber fraud scheme that transferred illegal money using mule accounts.
According to police, the case started with a tip regarding a questionable bank account and ended with what they described as a significant development in their ongoing “Operation Cyber Sangram.”
According to investigators, the plan used fictitious accounts to make transactions totaling around Rs 20 crore.
They claimed that Ali kept several identity documents under several addresses to open accounts that were subsequently utilized illegally.
The Arrest and Evidence Seizure
A squad led by Vaishali Nagar SHO Gurudutt Saini made the arrest and took Ali into custody at his rental home. 17 checkbooks, 14 ATM cards, five bank passbooks, multiple pre-signed cheques, three Aadhaar cards, two PAN cards, two swipe machines, and two QR code scanners were among the numerous pieces of evidence found during a search of the property.
Officials
| The size of the enterprise was highlighted by the discovery. They stated that the retrieved gadgets and papers demonstrated a concerted attempt to set up and manage mule accounts for cybercriminal organizations. |
A Network Beyond Rajasthan
According to preliminary investigations, Ali’s accounts were connected to at least 32 distinct cyber fraud allegations in several states, totaling more than Rs 19 crore in fraud.
Police Officials
| Ali was leading an organized group that specialized in giving cybercriminals mule accounts, so he wasn’t acting alone. |
With links to other states still being looked at, authorities believe the network’s reach went far beyond Rajasthan. The gang allegedly charged commissions for their role in collecting and withdrawing money from internet fraud through the accounts they controlled.
An Ongoing Crackdown
Police Officials
| The most recent arrest is a major step in breaking up the region’s larger organized cybercrime infrastructure. They stressed that since detectives are still looking for more persons connected to the racket, Ali’s arrest is probably not the last. |
One official stated that the raid is a part of a bigger campaign to target networks that offer operational support to online fraud schemes and that more arrests are likely as the investigation continues.
About The Author
Suraj Koli is a content specialist in technical writing about cybersecurity & information security. He has written many amazing articles related to cybersecurity concepts, with the latest trends in cyber awareness and ethical hacking. Find out more about “Him.”
Read More:
North Korean Hackers created Fake Job Offers to steal Cryptocurrency: Read how?
About Author
English