Delhi Police arrests five men in Rs 12.84-cr cyber fraud targeting NBFC; Chinese links found
Delhi Police arrests five men in Rs 12.84-cr cyber fraud targeting NBFC; Chinese links found
NEW DELHI: (Sep 16) Delhi Police has busted a cybercrime racket allegedly involved in siphoning off Rs 12.84 crore from the corporate bank account of a non-banking finance company through 317 unauthorised digital transactions, with the arrest of five people, including the relationship manager of a bank, officials said on Wednesday.
The investigation also uncovered the racket’s alleged links to Chinese groups operating on an online messaging application. Part of the cheated money was converted into USDT, a cryptocurrency, and transferred to fraudsters based abroad, police said.
Police have identified the other members of the racket based in Dubai and India, and efforts are underway to arrest them, they said.
