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The victim was looking for a 29 -year -old woman resident of Burari in Delhi, when she received a proposal in which high returns were promised for completing ordinary online assignments.
New Delhi: Delhi Police has busted a cyber crime gang. The gang cheated an unemployed woman in a fake work from home scheme on a messaging app and cheated more than Rs 17 lakh. An official gave this information on Friday. Five people, including a 19 -year -old school dropout, have been arrested. They were using mule accounts to get money, which were later looted using USDT Cryptocurrency. Deputy Commissioner of Police (North) Raja Banthia said in a statement that the 29 -year -old woman living in Burari, Delhi, was looking for a job, when she received a proposal in which high returns were promised for completing ordinary online assignments. Initially, he got small commissions to complete the work, but soon he got caught in the trap of paying UPI repeatedly on the pretext of getting high-level incentives.
Police raided many places
The official said that he transferred Rs 17.29 lakh to various accounts associated with the fraudsters. The DCP said that its problem increased further when the accused allegedly obtained private loans of Rs 8.8 lakh from two banks of the victim using their mobile number and identity information. An FIR was lodged and the police team analyzed bank transactions, monitoring data and digital evidence. Police said they found that before converting the money received from fraud into cryptocurrency, they were sent through many bank accounts, called mule accounts. The DCP said that on the basis of the clues received, raids were conducted simultaneously at several places across the city, resulting in five people involved in this operation. During interrogation, it was found that the gang operated a well -organized syndicate, including social media handlers, mule account operators and an unregistered crypto broker.
Used to use international numbers
The accused used encrypted communication equipment. Often used international numbers to avoid identity. Sharing the profile of the accused, the police said that Ashok Vihar resident Krish (19) has been identified as the central operator who manages the flow of fraud. Krish, who left school, previously worked as a bike taxi driver, learned the technique of cryptocurrency laundering through his colleagues and soon established himself as the major link among the mule account holders and crypto buyers. He allegedly collected bank details, UPI ID and QR codes from his co-accused and brought them to buyers through social media. Police said that the looted money was either taken out in cash or converted into USDT with the help of others.
Six SIM card, bank check book recovered from accused
Police said Nidhi Aggarwal (47), a resident of Hudson Lane of Kingsway Camp, accepted working as a crypto handler without any legal permission. He allegedly converted the cash received from Krish and his colleagues to USDT tokens using an international number. Deepak alias Sunny (23), a graduate of Kabir Nagar of Rana Pratap Bagh, worked closely with Krish and was responsible for sourcing bank accounts for alleged transactions. Gaurav (27) of Rana Pratap Bagh played the role of an arbitrator by allegedly connecting the account holders to the syndicate. He introduced a young man from Burari, 19 -year -old Manthan, who allegedly offered his bank account for a processing of Rs 50,000 of fraudulent funds in exchange for a minor commission. BA first year student Manthan also participated in handing over cash during crypto conversion. Police have recovered six mobile phones from the accused, six SIM cards used for encrypted communication, a bank check book and an ATM.