India, Dec. 14 -- With the arrest of nine people, the Intelligence Fusion and Strategic Operations (IFSO) unit of the Delhi Police Special Cell claims to have busted a gang of international cyber fraudsters allegedly involved in duping many people of over Rs.5.24 crore.

Police said the accused would procure bank accounts and route fraud proceeds through multiple layers such as hawala channels and cryptocurrency transactions.

The arrests were made on November 26, when the IFSO received a tip-off and a hotel in southwest Delhi's Dwarka was raided. Four men - Sultan Salim Shaikh of Maharashtra's Palghar, Sayed Ahmad Choudhary of Bengaluru, Satish Kumar of Thane's Bhiwandi, and Tushar Maliya of Shahdara --were apprehended from the hotel roo...