CBI Busts Cybercrime Syndicate Siphoning Off Over ₹350 Cr

• The CBI has busted a cybercrime syndicate that siphoned off over ₹350 crore.
• The operation was conducted in close coordination with the US Federal Bureau of Investigation.
• Three alleged fraudsters were arrested in Amritsar and Delhi.

GG News Bureau
New Delhi, 25th Aug: The Central Bureau of Investigation (CBI), in a meticulous operation executed with the US Federal Bureau of Investigation (FBI), has busted a sophisticated cybercrime syndicate that defrauded US citizens of more than ₹350 crore since 2023.

The agency arrested three key operatives of the gang—Jigar Ahmed, Yash Khurana, and Inder Jeet Singh Bali—from their residences.

According to a CBI spokesperson, the accused gained unauthorized remote access to victims’ computer systems and bank accounts by posing as tech support. They then exploited this access to convince victims that their finances had been compromised.

By claiming the funds were at risk, the fraudsters manipulated unsuspecting individuals into transferring approximately USD 40 million (₹350 crore) to cryptocurrency wallets controlled by the syndicate.

Following an FIR registered on August 18, the CBI launched a search operation that led to the recovery of ₹54 lakhs in cash, along with eight mobile phones and laptops from the suspects’ homes.

A major part of the operation involved dismantling an illegal call center operating under the name ‘Digikaps The Future of Digital’ in Amritsar.

During the raid, the CBI intercepted 34 people engaged in ongoing criminal activities. The search of the call center unearthed a significant cache of digital evidence, including 85 hard drives, 16 laptops, and 44 mobile phones, which exposed a digital trail of the global fraud.

The CBI stated that this action is part of the ongoing “Operation Chakra-IV,” a mission to identify and take action against organized cybercrime networks in close coordination with Interpol and other foreign law enforcement agencies. The investigation to identify the full network and trace the proceeds of the crime is ongoing.