India, Aug. 17 -- Delhi Police arrested three men, including a London School of Economics (LSE) graduate, for allegedly running an international cyber extortion racket from Thailand to clear mounting debts. The accused-Sumit (42), Prince (35), and Nitish (31)-posed as a notorious gangster and threatened a Delhi-based businessman over WhatsApp, demanding cryptocurrency payments, police said.

Police said the businessman, whose identity has been withheld, approached Desh Bandhu Gupta (DBG) Road police station after receiving a threat call from a Thailand-based number. The caller, impersonating a dreaded gangster, demanded money through a crypto QR code and warned of dire consequences-including harm to his children-if he refused.

A case und...