Archive · 27 Nov 2025
Puducherry Students Involved in Rs 90 Crore Crypto Scam
Some students from an engineering college in Puducherry were involved in a big money scam.
They used their friends' and classmates' bank accounts to move the stolen money.
This money was then sent to other countries, especially Dubai and China, using cryptocurrency.
The police say that this college has become a place where a lot of cyber crimes happen.
Engineering college students in Puducherry used friends' and classmates' bank accounts as mule accounts.
The scam involved Rs 90 crore, which was moved to international cryptocurrency channels.
The primary destinations for the scam proceeds were Dubai and China.
The Puducherry Cyber Crime Police identified the college as a hotspot for cyber crime.
The scam involved selling bank accounts to facilitate the movement of illicit funds.
- Who
- Engineering college students in Puducherry
- What
- A Rs 90 crore crypto scam using mule accounts
- When
- Not specified
- Where
- Puducherry, India
- Why
- To move scam proceeds into international cryptocurrency channels
- Location
- Puducherry, India
- Amount Scammed
- Rs 90 Crore
- Primary Target
- Bank accounts of friends and classmates
- Final Destination
- International cryptocurrency channels, especially in Dubai and China
- Institution Involved
- Engineering college in Puducherry