Ahmedabad/Gandhinagar, May 24 (IANS) Gujarat CID Crime’s Cyber Centre of Excellence has arrested another accused in an alleged international cryptocurrency syndicate involving more than Rs 226 crore in transactions linked to terror financing, dark web narcotics trade, money laundering and cyber fraud, officials said on Sunday. The accused has been identified as Ghulamali Qureshi (25), a resident of Mirzapur in Ahmedabad, who allegedly operated illegal cryptocurrency transactions and converted …
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Gandhinagar, May 19 (IANS) The Cyber Centre of Excellence (CCoE) of Gujarat CID Crime has arrested nine individuals and uncovered an international cryptocurrency syndicate allegedly involved in terror financing, dark web narcotics trafficking, cyber fraud, hawala transactions, and money laundering, with financial transactions worth more than Rs 226 crore traced during the investigation. Addressing a press conference on Tuesday, SP Rajdeepsinh Zala said the investigation exposed a network handlin…
Jaipur, May 2 (IANS) In a significant breakthrough against organised cyber crime, the Cyber Crime Police Station, Jaipur, has dismantled an interstate fraud syndicate and arrested 17 accused involved in a Rs 5.30 crore financial scam executed through WhatsApp impersonation. The case originated from a complaint lodged on April 24, 2026, via the national cyber helpline (1930) by Dipendra Singh, an accountant at a private company.The complainant reported receiving messages from an unknown WhatsA…
Mumbai, April 10 (IANS) The Securities and Exchange Board of India (SEBI) has uncovered a case in which a stock broking licence was allegedly used as a front to run a Ponzi-like scheme, luring investors with promises of assured monthly returns of 10–12 per cent.In an order issued against Trdez Investment Private Limited, the regulator said investors were misled into believing that several entities — including Infinite Beacon, IB Prop Desk and Sispay TFS — were linked to the SEBI-registered b…
New Delhi, April 10 (IANS) The Cyber Police Station of Delhi’s South-West district has busted a major nexus involved in fake loan app fraud under Operation Cyhawk 4.0, arresting two more accused and uncovering links to virtual numbers originating from Pakistan and Bangladesh, officials said on Friday.According to police, the latest arrests take the total number of accused held in the case to six. The two newly arrested individuals have been identified as Karan Kumar (24) and Shami Ahmad (27), …
New Delhi, April 8 (IANS) The rapid rise of crypto-hawala is emerging as a serious concern for security and enforcement agencies, with digital channels increasingly replacing the traditional hawala system that relied on personal trust and informal networks.While the purpose of such transactions remains unchanged, concealing the origin and destination of funds, the method has shifted to technology-driven platforms that make transfers appear routine and harder to detect. Officials say this transit…
Ahmedabad, April 2 (IANS) The Ahmedabad Cyber Crime Branch has uncovered a network of bank accounts linked to at least 41 cyber fraud complaints across India, and has arrested six individuals accused of facilitating financial transactions for a wider cryptocurrency scam syndicate. The arrests follow a complaint alleging that a local resident was duped of Rs 57.9 lakh after being lured into a fake cryptocurrency investment scheme promising high returns.Police said a key accused, identified …
New Delhi, March 12 (IANS) The Central Bureau of Investigation (CBI) conducted coordinated searches at 15 locations across Delhi, Rajasthan, Uttar Pradesh and Punjab in connection with a large-scale organised online investment and part-time job fraud, an official statement said on Thursday. The fraud is linked to offshore withdrawals and overseas fintech platforms, predominantly the Dubai-based “Pyypl”.The case was registered by the CBI based on inputs received from the Indian Cyber Crime Co…
Ranchi, Feb 16 (IANS) The Enforcement Directorate’s Ranchi Zonal Office filed a chargesheet on Monday before the special court in Ranchi under the Prevention of Money Laundering Act (PMLA), against Maxizone Touch Private Limited and its directors, Chander Bhushan Singh and Priyanka. The case involves a large-scale multi-level marketing fraud that duped 16,927 investors across the country through a classic Ponzi scheme promising unrealistic lifelong monthly returns of 15 per cent, the ED said in …
New Delhi, Feb 8 (IANS) The Crime Branch of Delhi Police has busted a high-profile cyber fraud module with international linkages and arrested three accused involved in an organised cyber-financial racket. The breakthrough was achieved by the Northern Range-1 (NR-1) team during its ongoing ‘Cy-Hawk’ operations, officials said on Sunday.According to an official press release issued by the Crime Branch, an E-FIR No. 53/2025 (60001651/2025) dated December 17, 2025, was registered under Sections 308…