Cyber fraud syndicate laundering money through cryptocurrency exchanges to fraudsters in Pakistan, China busted by MP Police, The New Indian Express Chennai


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Chennai: BHOPAL: An international syndicate that first lured young Indian businessmen into romance trap, then convinced them to invest huge sums in shell firms/companies through malicious web pages before laundering the invested sums in cryptocurrency to fraudsters based in Pakistan and China -- has been busted by the Madhya Pradesh Police’s Cyber Cell. Four people including Gurgaon-based chartered accountant Avik Kedia, Delhi-based company secretary Dolly Makhija, Dilip Patel of Gujarat and Vicky Makhija of Delhi (Dolly Makhija’s brother) have been arrested by the MP Police Cyber Cell’s Special Investigation Team (SIT) which started the probe in the matter in May...