A major cyber fraud case involving ₹5.5 crore has been uncovered after a detailed financial probe revealed an organised network operating across districts in Gujarat. The case surfaced when multiple victims reported unauthorised online transactions and fraudulent digital payments, prompting a wider investigation by cyber crime authorities.
Police arrested two accused from Surat’s Limbayat area in connection with the case originally registered in Mahisagar district. Investigators found that the fraud money was deliberately moved through several mule bank accounts before being transferred to the bank account of an educational trust located in Mahisagar. Mule accounts were used to hide the source of funds and avoid direct use of the money by the accused. The layered transactions initially made tracking difficult, but advanced analysis of banking data later exposed a clear pattern leading to the trust account.
The trust account drew attention after banks flagged repeated high value deposits and withdrawals as suspicious. These alerts led to a closer review of transaction activity and the registration of a formal complaint at the Lunawada taluka cyber crime police station. During the investigation, police found that the accused allegedly earned a commission of about 25% for moving the fraud proceeds into the trust account. Officials believe this commission model was used to ensure smooth transfer of funds while protecting the wider network.
Based on banking records, transaction logs and technical evidence, the suspects were identified, arrested in Surat and produced before a court, which later handed them over to Mahisagar police for further questioning. Investigators are now focusing on identifying other members involved, including those who provided mule accounts or technical support. Authorities are also examining whether the educational trust knowingly allowed its account to be used, with its bank records and KYC documents under scrutiny. Police confirmed that one accused is also facing another criminal case in Surat, which is being investigated separately. More arrests are possible as the probe continues and officials have urged citizens to monitor their accounts and report suspicious activity immediately.
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