New Delhi/Mumbai: In a decisive move against cyber-enabled financial fraud, the Central Bureau of Investigation (CBI) carried out extensive raids across six cities—Delhi, Hisar, Lucknow, Mumbai, Pune, and Nashik—under its flagship anti-cybercrime campaign, Operation Chakra-V.
The agency has arrested a prime accused from Kalyan, Mumbai, who played a crucial role in aiding a sophisticated investment scam. The arrested individual allegedly supplied pre-activated SIM cards and mule bank accounts to the cyber fraud network, enabling them to operate seamlessly and defraud unsuspecting investors.
The CBI unearthed significant incriminating digital and documentary evidence during the coordinated searches, which exposed the fraudsters’ strategy of using a fake mobile app and WhatsApp groups to lure the public. Victims were falsely promised shares in reputed companies at discounted prices, only to be defrauded after investing their savings.
The raids and arrest mark a major breakthrough in the investigation, as CBI intensifies its efforts to dismantle cybercrime syndicates and the infrastructure supporting them. Operation Chakra-V continues to reflect the agency’s unwavering commitment to protecting the public from financial cyber threats.
The investigation remains ongoing, with more leads under scrutiny.
