On Monday, Cyberabad police arrested an international gang for allegedly collecting large payment fees via online gaming and betting applications on fraudulent websites and social media.
Mohin Pasha of Bengaluru, Karan Arora of Rudrapur, Uttarakhand, Sanjeev Kumar of Uttarakhand, Karan Malhotra of New Delhi, Gokul Singh Koranga of Uttarakhand, Sonu Lokesh of Delhi, Mohit Kumar of Delhi, and Dinesh Singh of Noida are among those arrested.
The accused’s property seized includes Rs 24 crores frozen in various banks, mobile phones 193, laptops 21, Point of Sale Device, 21 cheque books 416, and debit cards 233.
The arrested fraudsters were hired to interact with users and collect information from victims in order to register new user IDs.
— Cyberabad Police (@cyberabadpolice) January 30, 2023
The fraudsters would then collect screenshots of user transactions and, after verifying with a bank account, would provide online gaming and betting services, which are banned in Telangana.
The fraudsters initially credit nominal returns as profit to users and then collect large sums after gaining their trust. Later, they would manipulate the game by deciding who would win internally.
According to Cyberabad police, poor and needy people are targeted by giving nominal commission, collect their KYC documents, said the Cyberabad police. Victims who use these online gaming and betting applications have money deposited into their bank accounts. By executing multiple transactions, the fraudsters create the impression that they are conducting legitimate business and that individuals are receiving regular payments, thereby legitimising the money.
“The gang has procured fraudulently opened bank accounts of various innocent persons and have taken pre-activated SIM cards through fraudulent means. Stringent legal action is being initiated against all persons and organisations who are abusing the system and adopting practices which aid such criminals in the commission of crime,” Stephen Raveendra, Cyberabad Commissioner of Police said.
The police have advised the general public not to share personal data for marketing or advertising purposes without first verifying the reason for collection. It also advised people not to open bank accounts or obtain SIM cards from agents or unknown individuals.
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