The Delhi Police have cracked a Rs 3.93 crore cyber fraud case, arresting seven accused after 149 unauthorised transactions were detected in the ICICI Bank account of a victim, Prince Bansal, on October 5.The fraud proceeds were routed through multiple layers of mule bank accounts. Some of the accused allegedly withdrew cash from these accounts and handed it over to other members of the network.The investigation revealed alleged links to a foreign money-exchange app, 'U Home', and a hawala network.
According to the police, accused Brij Lal disclosed that he had purchased USDT using the fraud proceeds through a hawala operator. The angle is still under investigation.Brij Lal, a resident of Phalodi in Rajasthan, was also wanted in another cyber fraud case involving Rs 95 lakh, registered in Delhi.
The case pertained to a 'boss scam.' Delhi Police conducted investigations and operations for seven days across Bikaner, Jodhpur, Phalodi and other locations in Rajasthan.The police recovered 45 cheque books, 25 bank passbooks, 45 ATM cards and 13 mobile phones from the accused. The investigation is ongoing to identify other contacts linked to the bank accounts used in the cybercrime, foreign networks and hawala channels.According to Delhi Police, a lien or hold has been placed on Rs 1.78 crore of the fraud proceeds through the NCRP portal.- Ends