39 mins ago

Mumbai Crime Branch Busts Two Goa Cyber Fraud Gangs

Mumbai Crime Branch investigated two groups operating from villas in Goa.

Police say the groups helped move money from cyber fraud through bank accounts belonging to other people.

These accounts are called mule accounts.

Police said more than ₹1,000 crore passed through such accounts in six months.

The first raid at a Calangute villa arrested 12 people and froze about ₹100 crore.

The second raid arrested seven people accused of helping cheat victims of around ₹400 crore.

Investigators said the groups used an application and received instructions from Dubai-based masterminds.

Police said there is currently no evidence that the two gangs were directly connected.

Key facts

Alleged funds routed: More than ₹1,000 crore through mule bank accounts over six months.
First operation: Crime Branch Unit-2 arrested 12 people at a luxury villa in Calangute, Goa.
Funds frozen: About ₹100 crore was frozen from accounts allegedly linked to the first racket.
Second operation: Crime Branch Unit-5 arrested seven people in another Goa villa operation.
Second gang's alleged fraud: Police said the gang allegedly cheated victims across India of around ₹400 crore.
Suspects' alleged origins: The seven suspects in the second operation were from Ahmedabad, Mehsana and Gandhinagar in Gujarat.
Investigation status: Police said there is currently no evidence of a direct link between the two gangs.

freepressjournal.in · 39 mins ago