The Southeast District Police of Delhi have dismantled an international digital fraud and extortion racket, arresting 10 accused, including the alleged mastermind, in a series of coordinated raids across seven Indian states.
According to an official police statement, the accused were involved in large-scale cyber fraud that duped numerous victims across the country. The arrests were carried out in Delhi, Maharashtra (Mumbai), Kerala, Odisha, Punjab, Uttar Pradesh and Haryana.
₹50 Crore Fraud Uncovered, 61 Cyber Complaints Linked to Case
Investigators have uncovered financial fraud amounting to over ₹50 crore during the probe. The case is linked to at least 61 complaints registered on the National Cyber Crime Reporting Portal (NCRP), officials said.
Kerala, Delhi and Mumbai emerged as key operational hubs of the syndicate, from where several accused were apprehended.
All 10 accused are currently in police custody as further investigation continues.
Fraud Network Ran Loan Apps, Fake Jobs and Gaming Platforms
The investigation revealed that the syndicate operated through a highly coordinated digital and financial infrastructure designed to cheat unsuspecting citizens. This included misleading loan applications, fraudulent job offers and deceptive online gaming platforms.
The case was registered following inputs from the Ministry of Home Affairs (MHA), which flagged a surge in complaints related to bogus digital lending and employment schemes targeting citizens nationwide.
CBI Probe Exposes Shell Companies and Dummy Directors
The case has links to a wider transnational cyber fraud investigation led by the Central Bureau of Investigation (CBI). On December 14, the CBI filed a chargesheet against 17 accused — including four foreign nationals — and 58 companies in connection with the racket.
Earlier, the arrest of three key Indian associates in October helped investigators establish that a single syndicate was behind multiple fraud operations.
Further investigation uncovered 111 shell companies allegedly created using dummy directors, forged documents and false declarations of business activities, forming the backbone of the fraud network.
Charges Framed Under Multiple Laws, Probe Under Operation Chakra-V
Prosecution has been initiated under charges of criminal conspiracy, forgery, use of forged documents and violations of the Banning of Unregulated Deposit Schemes Act, 2019.
Officials said the case forms part of the CBI’s ongoing nationwide crackdown on transnational cybercrime networks under Operation Chakra-V, aimed at dismantling digital fraud syndicates operating across borders.
