The Delhi Police have dismantled a nationwide cybercrime syndicate allegedly operated by an Indian man based in Dubai. Five individuals, including a bank relationship manager, have been arrested for facilitating fraudulent financial transactions linked to the racket, officials confirmed on Friday.
According to the police, the group set up fake firms and opened several current accounts to launder money obtained through online scams targeting victims across at least 12 states.
“The accused allegedly earned a commission of Rs 1.5 lakh for every bank account opened for the racket’s operations,” said a statement issued by the crime branch.
The arrested individuals have been identified as Manjeet Singh (28), Manshvi (23), Manish Mehra (33), Sombir (43), and Anup (35), a bank official. They were detained from Delhi, Gurugram, and Hisar during coordinated raids conducted after tracing their digital footprints.
Investigations into an e-FIR filed in June revealed that the gang operated under the direction of a Dubai-based handler named Tom. Anup, the bank official, played a crucial role by helping open fake current accounts and leaking internal alerts from the National Cybercrime Reporting Portal (NCRP) related to complaints and account freezing, officials said.
The other members of the group were responsible for creating fake companies, maintaining transaction ledgers, and managing fund transfers.
During interrogation, the accused admitted to floating at least three fake firms and opening eight bank accounts to channel cheated money. The funds were later converted into cryptocurrency, specifically USD Tether (USDT), to hide the trail and transfer them abroad, police said.
Deputy Commissioner of Police (Crime Branch) Aditya Gautam stated, “We have recovered 18 mobile phones, a laptop containing cryptocurrency wallet data, multiple bank statements, 36 SIM cards, and several cheque books.”
He added that the seized documents are connected to 52 cyber fraud complaints registered across Tamil Nadu, Karnataka, Goa, Maharashtra, Telangana, Andhra Pradesh, Odisha, Uttar Pradesh, Himachal Pradesh, Punjab, Gujarat, Kerala, and Haryana. Further investigations are underway to identify international handlers and trace the money trail.
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