Hyderabad, Nov. 30 -- A major interstate fraud syndicate operating in Hyderabad has been dismantled with the arrest of six individuals. The Cyberabad Cybercrime police unit apprehended the group for their role in supplying mule bank accounts and SIM cards to online trading scammers. The network is accused of defrauding citizens of more than one crore rupees.

Those taken into custody have been identified as V Srinivas Rao, Ch Ganesh, G Naveen Kumar Reddy, S Rajesh, M Sudheer, and Mohd Ashraf. The accused are residents of both Telangana and Andhra Pradesh.

Police officials detailed the gang's method of operation. The syndicate specialized in acquiring bank accounts and mobile SIM cards, which were then provided to cybercriminals running f...