Chennai, July 25 -- The Central Bureau of Investigation (CBI) today busted a large-scale International cyber fraud and financial crime syndicate operating out of Pune and Mumbai, and arrested three people.

The group was targeting foreign nationals particularly U.S. citizens through impersonation, phishing calls, and financial deception, a CBI release said.

Those arrested after raids in seven places, were identified as Amit Dube, Tarun Shenai and Gonsalves Savio.

Digital Devices, huge amount of cash to the tune of Rs 11 lakh and 150 gms Narcotic Substances were seized during the raids.

The CBI registered the instant case yesterday against unknown public servants of banks and four private persons for running an illegal Call Centre...