CBI Busts International Cybercrime Ring, Seizes Millions in Crypto

Date:

New Delhi: The Central Bureau of Investigation (CBI) has apprehended a key figure in a sophisticated cybercrime network that defrauded victims in the United States and Canada by posing as government officials and tech support personnel. Rahul Arora was arrested on Tuesday following coordinated raids across three locations, according to a CBI spokesperson.

The operation, codenamed ‘Chakra-V,’ resulted in the seizure of approximately ₹2.8 crore (roughly $340,000 USD) in cryptocurrency, along with ₹22 lakh (roughly $27,000 USD) in unaccounted cash, directly linked to the illicit operation.

The CBI initiated the case based on intelligence regarding the international fraud, where perpetrators expertly impersonated trusted figures to deceive unsuspecting individuals.

The agency’s investigation uncovered the gang’s methods, which included advanced techniques to mask caller IDs, social engineering to generate leads, and a network of voice recordings used to perpetuate the scam.

The CBI emphasized its growing expertise in combating cybercrime, highlighting its newly developed capabilities for handling and seizing Virtual Digital Assets (VDAs) like cryptocurrency.

The agency has established robust systems for managing seized VDAs in compliance with all legal requirements, underscoring its commitment to staying ahead in the fight against evolving cyber threats.

This seizure represents a significant blow to the criminal organization and a testament to the CBI’s increasing effectiveness in the digital realm.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Popular

More like this
Related

MCD Commissioner Sanjeev Khirwar pushes Okhla theme park plan after Punjabi Bagh inspection

New Delhi: MCD Commissioner Sanjeev Khirwar has asked officials...

₹23.78 lakh seized in Alipur resort gambling raid; 11 apprehended

New Delhi: Alipur police said they busted an alleged...

Technical surveillance leads Outer North AATS to two proclaimed offenders

New Delhi: Outer North District Police said its AATS...

338.5 kg illegal firecrackers seized in Bhalswa Dairy; supply chain under probe

New Delhi: Outer North District Police said its AATS...