New Delhi, Seven men have been arrested for allegedly facilitating a ₹ 3.93-crore cyber fraud involving 149 unauthorised transactions in a Delhi-based businessman’s bank account, an official said on Tuesday.
With their arrest, police also uncovered a suspected network of mule accounts, cash withdrawals and links to a foreign money-exchange application and hawala channel. The Intelligence Fusion and Strategic Operations unit of the Delhi Police’s Special Cell recovered 45 cheque books, 25 bank passbooks, 45 ATM cards and 13 mobile phones during the investigation, which involved seven days of fieldwork in Rajasthan, a senior police officer said. The case was registered on October 5 after Prince Bansal, 28, who deals in non-banking financial company and loan-related transactions, reported unauthorised access to his bank account, according to the police. Lal’s apprehension also helped teams pursue another cyber fraud case involving ₹ 95 lakh, registered through e-FIR at the IFSO police station.
“As many as 149 transactions took place around 11 am that day without his knowledge or consent, resulting in a debit of ₹ 3.93 crore,” the police officer said.
The investigation revealed alleged links between a key accused, Brij Lal, 29, a resident of Rajasthan’s Phalodi, and a money-exchange application, which was allegedly used alongside a hawala channel to convert proceeds of crime into USDT, a cryptocurrency pegged to the US dollar, the officer said.
The officer further said that the team travelled to Rajasthan for seven days for investigation in the case.
