Cyber fraud mastermind held in Bareilly; Rs 3.2 crore sent to crypto accounts abroad: scam linked to 11 states
BAREILLY: In a major breakthrough, Bareilly police on Monday arrested
Pradeep
Kumar Singh, the director of Narayani Infratech, who was a key player in a cyber fraud network spanning 11 states.
The investigation revealed that Pradeep rented out his company's bank account to cybercriminals for Rs 20 lakh. Through this account, illegal transactions worth Rs 3.2 crore were conducted.
It was found that the fraudsters converted the duped money into USDT cryptocurrency and transferred it into wallets operating from Hong Kong, making it difficult for the police to recover the money.
Bareilly's Cyber Cell SHO Dinesh Sharma told TOI, 'Pradeep received an advance of Rs 75,000 but was apprehended before receiving the remaining amount.
Following his arrest, police from other states are also preparing to take him into remand custody.
Police from Delhi, Maharashtra, Kerala,
Tamil Nadu
, Madhya Pradesh, Uttarakhand, and other states were pursuing this fraudster, but Bareilly police succeeded in capturing him."
Sharma further said, 'Rs 3.2 crore were transferred into a single account of Pradeep's company. The investigation found that on June 18 and 19, Rs 3.2 crore obtained through fraud were transferred to Narayani Infratech's bank account.
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Turn Nervous Into Natural – Book a Free Demo Today
Planet Spark
Book Now
Undo
Of this, Rs 1.10 crore came from the account of a scientist posted at IVRI Bareilly who was digitally arrested by the fraudsters.
The remaining amount was sent through fraud from other states. On June 20, the entire amount was withdrawn from the account, which was then frozen."
Three mobile phones, an Aadhaar card, a
PAN
card, and a crypto wallet were recovered from the arrested suspects. The crypto wallet is being investigated, which could confirm an international network.
Initial investigations suggest that this cyber fraud ring operates from China.
SP Crime Manish Sonkar said, 'The investigation is progressing rapidly and the entire network will soon be dismantled. A total of nine suspects have been sent to jail in this case.
Besides Pradeep, Mahfooz and Aman were also arrested and jailed on Sunday. Previously, the following six suspects from Lucknow, Mirzapur, Budaun, and other districts were also sent to jail."
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
43 minutes ago
- Time of India
Bribe FIR: Relief for HDFC Bank CEO till HC hears plea
Mumbai: The state on Monday told Bombay HC that summons will not be issued to HDFC Bank CEO Sashidhar Jagdishan till July 23, the next hearing of his petition to quash a bribe FIR filed against him. Justices Makarand Karnik and Nitin Borkar were given an assurance by prosecutor Mahalakshmi Ganpathy, who said a probe by economic offences wing is underway. Senior advocate Amit Desai, representing Jagdishan, sought interim relief of a stay on the FIR. The May 31 FIR was registered by Bandra police on a complaint by Lilavati Kirtilal Mehta Medical Trust, which manages Lilavati Hospital in Bandra, alleging that Jagdishan received a bribe of over Rs 2 crore. Giving an overview of the matter, Desai said in 1995, the bank lent money to Beautiful Diamonds, now Splendour Gems, whose promoter and owners were Kishore Mehta and family, one of two factions. Since 2004, the bank has been making legal efforts to recover a significant debt, he said. You Can Also Check: Mumbai AQI | Weather in Mumbai | Bank Holidays in Mumbai | Public Holidays in Mumbai After the Mehta family took over the trust's management in Jan 2024, it initiated proceedings against erstwhile trustees, alleging embezzlement of funds. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Switch to UnionBank Rewards Card UnionBank Credit Card Apply Now Undo Mehta died in May 2024. The next month, the trust moved a magistrate court alleging culpable homicide against Jagdishan, two other officers and erstwhile trustees, suggesting that recovery proceedings and "legal warfare" resulted in his death. Its application was rejected. A similar July 2024 complaint before the state minority commission was quashed by HC. In Sept 2024, the trust wrote to the Anti-Corruption Bureau (ACB) about finding a cash diary that showed that over Rs 2 crore was paid to Jagdishan. While the ACB and Bandra police ignored it as a family dispute, the trust moved the magistrate court, which on May 29 directed registration of an FIR. "They lost in every single case in civil matters. Now, this is a new attempt which has been made," said Desai, adding that the proceedings are a mala fide abuse of power and the allegations are ex facie absurd.
Time of India
an hour ago
- Time of India
Teddy Bridgewater suspension sparks outrage after selfless act to help struggling players
Teddy Bridgewater suspension sparks outrage after selfless act to help struggling players (Image Via X) Teddy Bridgewater has just wrapped up a successful season as head coach at Miami Northwestern High School. Everything seemed to be positive. The team won the state championship, the players had faith in him, and fans were counting on a bright future. But now just months later, he is no longer allowed to coach. The news has shocked many. Teddy Bridgewater didn't break any game rules or get into trouble off the field. Yet something he did to help his players has led to this sudden suspension. The full reason is now public, and it's raising big questions. Teddy Bridgewater paid out of pocket to help players and now faces suspension Teddy Bridgewater was suspended from his coaching job at Miami Northwestern after he spent thousands of dollars to support his team. He used his own money to pay for Uber rides, weekly meals, and recovery services like massages and rehab vans. Reports say he spent over $4,000 every week trying to give his players what they needed. He even posted on Facebook to ask for donations after using most of his own income. He told school leaders about everything he paid for. Instead of being praised, he was suspended for breaking rules about offering extra benefits to players. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like An engineer reveals: One simple trick to get internet without a subscription Techno Mag Learn More Undo The Florida High School Athletic Association regarded these acts as a possible transgression. As Teddy Bridgewater said himself, he did not try to cheat or gain an unfair advantage; he just wanted to give his team the benefit that he believed they had earned. Also Read: Recalling The Big Standing Ovation Teddy Bridgewater Received In 2017, Post His Return Teddy Bridgewater still supports Miami Northwestern despite rule trouble Even after being removed, Teddy Bridgewater has made it clear he's not going anywhere. He stated in a Facebook post that if he cannot coach on the sidelines, he will still support and help from the bleachers as he did in the past. He also reminded fans of his belief that he always wanted to build strong children, not just strong athletes. Teddy Bridgewater helped Miami Northwestern claim the Class 3A state title in 2024. His suspension, communicated in July of 2025, has raised a buzz among the fan base as well as among other coaches. Some believe he did the right thing by helping. Others say rules must be followed no matter the reason. For real-time updates, scores, and highlights, follow our live coverage of the India vs England Test match here. Catch Rani Rampal's inspiring story on Game On, Episode 4. Watch Here!
Time of India
an hour ago
- Time of India
Civic Apathy Leaves Electric Posts in Middle of Roads, Accidents Mount
Nagpur: Despite years of public outcry, road accidents, and even strictures from the Nagpur bench of the Bombay high court, hundreds of electric poles still stand dangerously in the middle of roads across the city. The Nagpur Municipal Corporation (NMC), in its 2025-26 budget, finally earmarked Rs25 crore for resolving this long-standing issue. However, proposals worth only Rs22.5 crore are under process and tenders for just two of the eight locations are ready to be issued. The lackadaisical attitude puts question marks on the administration's commitment to citizen safety. The root of the crisis lies in decades of poor coordination between different agencies. Roads under the Integrated Road Development Programme (IRDP) were laid without shifting electric poles, leaving them directly in the path of vehicles. Cement roads built by the state Public Works Department (PWD) and even NMC hired contractors followed the same flawed pattern. Civil Lines, Telangkhedi, and stretches from Zingabai Takli to Godhani are glaring examples of such criminal oversight, where motorists dodge past danger posed by poles standing bang in the middle of roads. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Dementia Has Been Linked To a Common Habit. Do You Do It? Memory Health Click Here Undo Now, amid mounting pressure, a joint survey by NMC's electrical department and MSEDCL ( Maharashtra State Electricity Distribution Company Limited ) has been ordered to identify all such poles. The plan includes converting overhead conductors to underground cabling and shifting LT (low-tension) consumer cables to the road sides. The HT (high-tension) cables too will be laid underground in areas where possible. Yet, the urgency the issue demands seems to be missing. Even after the high court took suo motu cognizance in Jan 2021 and asked NMC and MSEDCL to submit a detailed report on such poles, progress remained painfully slow. The court, alarmed by the fatal consequences of this negligence, ordered immediate steps for shifting these poles and warned against bureaucratic lethargy. However, several projects moved ahead without addressing the obstruction, exposing citizens to continuous risk. "There is no dearth of funds, just a lack of accountability," says a senior official, speaking on condition of anonymity. "We have had budgetary allocations for years, but unless there is real coordination between the electrical and civil wings, accidents will keep happening." Indeed, many of these poles, especially those on newly concretised roads, have turned into permanent hazards. Locals from Godhani Road say they've lost count of the number of two-wheeler crashes in the past two years. "We've even put reflectors on some poles," said Vijendra Kale, a resident of Suman Nagari, "but nothing moves unless there's a court rap." While tenders for eight locations have been processed, only two are on the cusp of being floated — a worrying sign considering the city has over 500 such poles, according to unofficial estimates. With the civic elections around the corner and political heat rising, citizens are demanding immediate on-ground action. "We are tired of announcements. Just remove the poles before another life is lost," said locals.
