1 hr ago
Delhi Police Arrests Five In Rs 12.84-Crore NBFC Cyber Fraud
Delhi Police says a group stole about Rs 12.84 crore from a finance company’s bank account.
The money moved through 317 transactions that the company did not approve.
It was sent to 34 bank accounts connected to the suspected racket.
Police arrested five people, including a bank relationship manager.
Investigators stopped about Rs 1.7 crore by placing a hold on some accounts.
Police also said the group had contact with Chinese groups on Telegram.
Some of the money was changed into USDT, a type of cryptocurrency.
Police are still looking for other people allegedly involved in India and Dubai.
Delhi Police arrested five people over an alleged Rs 12.84-crore cyber fraud targeting an NBFC’s corporate bank account.
The money was siphoned through 317 unauthorised digital transactions routed to 34 primary-layer bank accounts.
Police placed a lien on approximately Rs 1.7 crore in the allegedly fraudulent accounts.
The arrested suspects include a Jaipur-based bank relationship manager accused of helping open accounts and connect other suspects.
Investigators found alleged links to Chinese groups on Telegram and said some funds were converted into USDT and transferred abroad.
- Who
- Delhi Police arrested Abhay Kumar Solanki, Lovely, Naman Kumar, Vikas and Harman; other alleged members remain wanted.
- What
- An alleged cybercrime racket siphoned approximately Rs 12.84 crore from an NBFC through 317 unauthorised transactions.
- Where
- The transactions involved bank accounts in Delhi, Jaipur, Kurukshetra and other locations; alleged associates were based in India and Dubai.
- When
- The case was registered on August 21, and the arrests were reported on September 16.
- Why
- Police allege the suspects used bank accounts to receive and transfer the money, with some proceeds converted into USDT and sent to fraudsters abroad.
Key facts
- Alleged amount siphoned
- Approximately Rs 12.84 crore
- Unauthorised transactions
- 317
- Recipient accounts
- 34 primary-layer bank accounts
- Money placed on hold
- Approximately Rs 1.7 crore
- Arrests
- Five people
- Case registered
- August 21
- Seized material
- Five mobile phones, cheque books and Property Gallery rubber stamps
Sources
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