Mar 19 • 05:20 UTC 🇮🇳 India Aaj Tak (Hindi)

Expert Gang Collects 4 Billion in a Month Through 5 Types of Fraud

The Gurugram police in Haryana have exposed a major cyber fraud network that fraudulently amassed 4 billion rupees in just two months, leading to the arrest of ten individuals.

The Gurugram police in Haryana, India, have successfully dismantled a sizeable cyber fraud network that allegedly collected approximately 4 billion rupees in fraudulent activities across the country during February and March. The police stated that this gang was not only involved in one but five distinct types of scams, including investment fraud, loan fraud, digital arrest, cyber slavery, and credit card fraud. The swift action led to the arrests of ten suspects, highlighting the urgent need to address rising cybercrime in India.

During the operation, authorities seized 400,000 rupees in cash, along with eleven smartphones and two active SIM cards from the perpetrators. The gang employed various deceptive tactics to lure victims under the guise of lucrative investment opportunities promising quick profits. Additionally, they utilized methods such as 'cyber slavery' and fake 'digital arrest' to ensnare further individuals, demonstrating a sophisticated approach to their criminal activities.

The Indian Cyber Crime Coordination Center (I4C) revealed that there were more than 3,571 complaints registered against this network throughout the country, illustrating the extensive impact of their fraudulent schemes. With a total of 96 related cases connected to this group, the incident underscores the growing threat of cybercrime in India and emphasizes the necessity for enhanced awareness and preventive measures among the public to combat such fraudulent practices effectively.

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