Latest news with #CentralBureauofInvestigation
Canada Standard
4 hours ago
- Canada Standard
CBI busts transnational cyber extortion syndicate, key operative held
New Delhi [India], June 28 (ANI): In a continuing crackdown under Operation Chakra-V, the Central Bureau of Investigation (CBI) conducted coordinated search operations at multiple locations in Ahmedabad and Mumbai on June 25 in connection with a transnational cyber extortion case, the probe agency said on Friday. CBI said that the searches led to the recovery of incriminating evidence. The main suspect behind a transnational cyber extortion syndicate was arrested on June 26 in Mumbai. 'The case pertains to a sophisticated international fraud network involved in cheating foreign nationals, particularly citizens of the United States and Canada, by impersonating government officials, threatening them with false allegations, and subsequently extorting funds. The proceeds of crime were found to be received in form of crypto currencies,' press release said. 'During the operation, the accused was found in possession of a well-organized ecosystem used for committing cyber frauds, which included, telecommunication setup, Pre-drafted scam scripts, Forged identity badges, and ID cards purporting to be of Canadian law enforcement authorities,' it added. Further, Virtual Digital Assets worth approximately USD 45,000 were seized from the possession of the accused. He was also found to be leading a lavish lifestyle, as evidenced by the recovery of luxury vehicles, high-end accessories, frequent foreign visits and substantial unaccounted wealth, CBI stated. 'Notably, the United States Federal Communications Commission (FCC) had earlier identified the 'Royal Tiger Gang', operated by the accused as a significant Consumer Communication Information Services Threat (C-CIST). The gang is accused of generating and transmitting unlawful robocalls impersonating government agencies, banks, and utility service providers in a systematic manner, aimed at deceiving and defrauding USconsumers,' CBI mentioned. The accused has been produced before the CBI Court and taken into a 4-day remand for interrogation. Further investigation is underway. (ANI)
India Gazette
9 hours ago
- India Gazette
CBI busts transnational cyber extortion syndicate, key operative held
New Delhi [India], June 28 (ANI): In a continuing crackdown under Operation Chakra-V, the Central Bureau of Investigation (CBI) conducted coordinated search operations at multiple locations in Ahmedabad and Mumbai on June 25 in connection with a transnational cyber extortion case, the probe agency said on Friday. CBI said that the searches led to the recovery of incriminating evidence. The main suspect behind a transnational cyber extortion syndicate was arrested on June 26 in Mumbai. 'The case pertains to a sophisticated international fraud network involved in cheating foreign nationals, particularly citizens of the United States and Canada, by impersonating government officials, threatening them with false allegations, and subsequently extorting funds. The proceeds of crime were found to be received in form of crypto currencies,' press release said. 'During the operation, the accused was found in possession of a well-organized ecosystem used for committing cyber frauds, which included, telecommunication setup, Pre-drafted scam scripts, Forged identity badges, and ID cards purporting to be of Canadian law enforcement authorities,' it added. Further, Virtual Digital Assets worth approximately USD 45,000 were seized from the possession of the accused. He was also found to be leading a lavish lifestyle, as evidenced by the recovery of luxury vehicles, high-end accessories, frequent foreign visits and substantial unaccounted wealth, CBI stated. 'Notably, the United States Federal Communications Commission (FCC) had earlier identified the 'Royal Tiger Gang', operated by the accused as a significant Consumer Communication Information Services Threat (C-CIST). The gang is accused of generating and transmitting unlawful robocalls impersonating government agencies, banks, and utility service providers in a systematic manner, aimed at deceiving and defrauding USconsumers,' CBI mentioned. The accused has been produced before the CBI Court and taken into a 4-day remand for interrogation. Further investigation is underway. (ANI)
Canada News.Net
11 hours ago
- Canada News.Net
CBI busts transnational cyber extortion syndicate, key operative held
New Delhi [India], June 28 (ANI): In a continuing crackdown under Operation Chakra-V, the Central Bureau of Investigation (CBI) conducted coordinated search operations at multiple locations in Ahmedabad and Mumbai on June 25 in connection with a transnational cyber extortion case, the probe agency said on Friday. CBI said that the searches led to the recovery of incriminating evidence. The main suspect behind a transnational cyber extortion syndicate was arrested on June 26 in Mumbai. 'The case pertains to a sophisticated international fraud network involved in cheating foreign nationals, particularly citizens of the United States and Canada, by impersonating government officials, threatening them with false allegations, and subsequently extorting funds. The proceeds of crime were found to be received in form of crypto currencies,' press release said. 'During the operation, the accused was found in possession of a well-organized ecosystem used for committing cyber frauds, which included, telecommunication setup, Pre-drafted scam scripts, Forged identity badges, and ID cards purporting to be of Canadian law enforcement authorities,' it added. Further, Virtual Digital Assets worth approximately USD 45,000 were seized from the possession of the accused. He was also found to be leading a lavish lifestyle, as evidenced by the recovery of luxury vehicles, high-end accessories, frequent foreign visits and substantial unaccounted wealth, CBI stated. 'Notably, the United States Federal Communications Commission (FCC) had earlier identified the 'Royal Tiger Gang', operated by the accused as a significant Consumer Communication Information Services Threat (C-CIST). The gang is accused of generating and transmitting unlawful robocalls impersonating government agencies, banks, and utility service providers in a systematic manner, aimed at deceiving and defrauding USconsumers,' CBI mentioned. The accused has been produced before the CBI Court and taken into a 4-day remand for interrogation.
India Today
a day ago
- Business
- India Today
CBI raids 5 states in over 8 lakh mule accounts cyber fraud case, 9 arrested
The Central Bureau of Investigation (CBI) on Thursday launched a coordinated crackdown across five states as part of Operation Chakra-V, targeting mule bank accounts being used in large-scale cyber frauds. Acting on specific source information and following internal verification, the agency carried out searches at 42 locations in Rajasthan, Delhi, Haryana, Uttarakhand, and Uttar CBI arrested nine individuals during the operation. The accused include middlemen, bank correspondents, agents, aggregators, and account holders. All of them are being produced before the court, and the investigation remains investigation found that more than 8.5 lakh mule accounts were opened through over 700 branches of various banks across India. These accounts were either created without adhering to Know Your Customer (KYC) norms, customer due diligence, or initial risk assessments. During the raids, the agency seized a range of incriminating materials, including mobile phones, bank account opening documents, KYC records, transaction details, and other digital evidence. Officials identified several individuals involved in facilitating the opening of mule agency registered an enquiry to unravel the entire conspiracy behind the creation and use of these mule searches are part of an ongoing investigation into how organised cyber fraud networks are using mule accounts for digital arrest scams, impersonation frauds, fake advertisements, investment scams, and UPI-based financial CBI revealed that these operations are being aided by the deliberate or negligent actions of certain bank officials, agents, aggregators, e-Mitras, and other middlemen who help open and operate these fraudulent officials highlighted serious lapses by bank managers, including their failure to carry out Enhanced Due Diligence on suspicious transaction banks also neglected to send acknowledgement or verification letters to account holders, which would have helped confirm their physical addresses. These violations go against both RBI's Master Circular and internal bank the enquiry, the CBI registered a formal FIR invoking charges under the Indian Penal Code (IPC), Bharatiya Nyaya Sanhita (BNS), and the Prevention of Corruption Act. The offences include criminal conspiracy, cheating, forgery, and criminal misconduct by public investigation into the matter is underway.- Ends
News18
2 days ago
- News18
CBI Cracks Down On Cybercrime: 9 Arrested, 8.5 Lakh Mule Accounts Uncovered
Last Updated: CBI's inquiry found that over 700 branches of various banks across India had opened around 8.5 lakh mule accounts, often without proper KYC norms or Customer Due Diligence The Central Bureau of Investigation (CBI) has launched a nationwide crackdown on cybercrime, conducting coordinated searches at 42 locations across five states: Rajasthan, Delhi, Haryana, Uttarakhand, and Uttar Pradesh. Dubbed Operation Chakra-V, the exercise aims to dismantle the infrastructure behind cybercrimes, particularly those involving mule bank accounts. According to sources, CBI's investigation has revealed that organised scammers were using mule bank accounts to transfer proceeds of cyber frauds, including digital arrest scams, impersonation, fraudulent advertisements, investment frauds, and UPI-based financial frauds. These fraudsters were being aided by certain bank officials, agents, aggregators, bank correspondents, middlemen, and e-Mitras who were facilitating the opening of mule accounts. CBI's inquiry found that over 700 branches of various banks across India had opened around 8.5 lakh mule accounts, often without proper KYC norms or Customer Due Diligence. Branch managers had also failed to conduct Enhanced Due Diligence on suspicious transaction alerts. Some banks had not sent acknowledgement letters to customers to verify their addresses. During the searches, the CBI has seized incriminating documents, digital evidence, mobile phones, bank account opening documents, transaction details, and KYC documents. Nine accused individuals, including middlemen, agents, aggregators, account holders, and bank correspondents, were arrested for their involvement in opening and facilitating mule bank accounts. The 9 arrested accused are: Lovkesh Shakya (Delhi) Savan Kumar (Delhi) Vishal (Delhi) Farman Beg (Uttarakhand) Purushottam (Uttarakhand) Shubham Kamboj (Uttar Pradesh) Umardeen (Uttar Pradesh) Yousuf (Rajasthan) Ashok Kumar (Rajasthan) The CBI's action is part of the Government of India's ongoing commitment to deal with cybercrimes and their perpetrators sternly. The agency is working to dismantle the infrastructure behind these offences and bring those responsible to justice. First Published: June 27, 2025, 03:23 IST
