Mumbai: In a major revelation, the Mumbai Cyber Cell investigating the ₹20 crore digital arrest fraud case involving a senior citizen has discovered that the swindled money was transferred to 13 bank accounts across different states. According to sources, the fraudsters rented these bank accounts to launder the stolen money.
During the investigation, it was found that the accounts used for the transfers were not limited to Mumbai but were opened in Assam, West Bengal, Nagpur, and several other states. The cyber fraudsters routed the money through multiple layers to avoid detection.
According to Cyber Cell sources, the arrested accused, Rajik Azam Butt, acted as a link between the Cambodia-based cyber criminals and the bank accounts. Butt was part of a Telegram group operated by the fraudsters. He shared the bank account details with the criminals through the group, receiving hefty commissions for each account.
Shockingly, the investigation revealed that some of the 13 bank accounts used for laundering the money were opened in the names of children. The first layer of fraud saw the money being transferred to Assam and Bengal-based accounts, while the second layer involved transferring funds to Mumbai accounts.
The Cyber Cell has summoned two individuals, including a woman and a minor, whose bank accounts were used in the scam. Additionally, the second arrested accused, Shayan Jameel Sheikh, also had his bank account utilized by the fraudsters. The Cyber Cell is now coordinating with police departments in other states to uncover the entire network of the fraud ring. Several accused are still on the run, and efforts are underway to track them down.
