Daijiworld Media Network- Mumbai

Mumbai, Apr 28: Mumbai Police have apprehended five individuals involved in a massive cyber fraud operation, allegedly scamming people across multiple states out of Rs 30 crore. The arrests were made after a complaint was filed in January by a victim from Vakola, who was duped into transferring Rs 3.41 lakh.

The suspects—Rajkaransingh Prakashsingh Tanwar (19) and Karan Singh Sengar (19) from Jaipur, and Shakib Ansari (27), Meraj Ansari (20), and Fuzail Ansari (21) from Bhiwandi in Thane district—are accused of running a fraudulent scheme that promised high returns on share market investments, as well as enticing people with offers of doubling their money. They also threatened to block credit and debit cards to further manipulate victims.

The police investigation into the money trail has raised suspicions of links to a larger hawala network with international connections. Authorities believe that this fraud operation is part of a wider financial scheme involving illegal money transfers across borders.

The police have indicated that further arrests are likely as the investigation continues.