Delhi Police busts Rs 3.93 cr cyber fraud, seven arrested

New Delhi, Oct 27 (UNI) The Intelligence Fusion and Strategic Operations (IFSO) unit of the Delhi Police Special Cell, cracked a major cyber-fraud case involving the alleged unauthorised takeover of a bank account and fraudulent transactions amounting to approximately Rs 3.93 crore. In this crackdown, seven accused have been arrested during the investigation, which has revealed an alleged network involved in arranging mule bank accounts, withdrawing cash and transferring suspected proceeds of crime through multiple layers. The investigation has also revealed alleged links of a key accused with a foreign money-exchange application and a hawala channel used for the suspected…