• FOUR CYBER FRAUDSTERS ARRESTED • LINKED TO 300 CYBERCRIME COMPLAINTS ACROSS INDIA• ₹7.16 CRORE TRACED IN LINKED NCRP COMPLAINTS• ACCUSED OPERATED HIGH-VOLUME MULE ACCOUNTS FOR MAJOR CYBER SYNDICATE

Face2News/New Delhi

In a major breakthrough against organized cyber-financial crime, the Inter State Cell of Crime Branch, Delhi Police has arrested four key accused involved in operating and facilitating a multi-layered cyber fraud network used for routing proceeds of a massive online investment fraud amounting to ₹7.16 crore. The arrests were made during the investigation of FIR No. 11/2025 (e-FIR No. 60000584/2025), dated 03.11.2025, U/s 308/318(4)/319/340 BNS, PS Crime Branch, Delhi, being investigated by ISC, Crime Branch, Chanakyapuri, New Delhi. 

The complainant was lured into an online trading scam by unknown persons who contacted him through WhatsApp and added him to fake investment groups displaying fabricated profits. They made him download a fake trading app named “CONIFER”, where an account was created without linking any genuine bank or DEMAT details. After showing artificial profits, the accused persuaded him to invest in a fake IPO of “Jayesh Logistics”, leading him to transfer a total of ₹27,20,000/- into multiple beneficiary accounts, mainly belonging to Bhawani Travel and Tour Agency and Nexus-IN Broadband. When he refused to pay an additional ₹22 lakhs, his app account was frozen.

Subsequent verification revealed that these accounts were mule accounts operated by a coordinated group based in Pune and Hyderabad. During investigation, the mule account of M/s Nexus-IN Broadband was identified as a primary channel for receiving and laundering the cheated money. Financial scrutiny exposed a highly structured network of mule accounts, layered shell entities, and rapid cash withdrawals systematically orchestrated by the accused to siphon off the cheated funds.

The cheated amount of ₹27,20,000/- was routed into three beneficiary accounts, including the mule account of M/s Nexus-IN Broadband operated by the four accused. The funds were received in quick succession after inducing the complainant to invest in fake secondary and pre-IPO schemes. Immediately upon receipt, the money was layered through rapid transfers, ATM withdrawals, and routing to further mule accounts. No legitimate business activity was found for M/s Nexus-IN Broadband, confirming its exclusive use for fraud. Recovered devices, bank instruments, and chats establish coordinated handling and siphoning of cheated funds by the accused.

KNOW THE ACCUSED: 

Mayur Maruti Sanas, Pune, Maharashtra – Account holder of M/s Nexus-IN Broadband, used as a mule account for receiving ₹14,00,000/- from complainant Sanjay Chopra. He stayed with co-accused at a hotel in Pune and actively participated in transferring the cheated amount to other accounts.

Gaurav Jadhav, Pune, Maharashtra – Forward-chain link who convinced the user of the mule account and handed over the SIM and QR code of the bank account to Mohammed Yousuf Ali. He assisted in operating the account for fraudulent transfers.

Mohammed Yousuf Ali, Hyderabad, Telangana – Received the SIM and QR code of the mule account and actively operated the account during the hotel stay in Pune to transfer the cheated funds further. His ID proof was given to the hotel, confirming his involvement.

Mohd. Abrar Khan, Hyderabad, Telangana – Present with co-accused during the hotel stay in Pune and participated in operating the mule account for onward transfer of the cheated amount. His ID proof was furnished to the hotel, linking him to the conspiracy.

NETWORK CONFIGURATION : 

The investigation has revealed a well-structured, multi-tier cybercrime network consisting of:
• Front-end fraud operators impersonating investment consultants through social media platforms and manipulated trading interfaces.
• Layer-I mule accounts used to initially receive and route victim deposits, operated by the arrested accused.
• Layer-II mule accounts for rapid layering and dispersal of funds.
• Cash collectors, coordinators, and regional handlers responsible for withdrawals, redistribution, and maintaining anonymity within the syndicate.

This success was achieved by a dedicated team including SI Rupesh Kumar, ASI Mukesh Kumar, HC Rajender and Ct Ravinder, under the guidance of Inspector Pankaj Malik and Inspector Rohit Kumar, and supervision of Sh. Ramesh Chander Lamba, ACP, Inter State Cell, Crime Branch. The team conducted extensive technical analysis, coordinated with banks, verified multi-state financial trails, and executed targeted raids in Pune and Hyderabad. Further investigation is ongoing, said Aditya Gautam, DCP.New Delhi.