Chennai/New Delhi, June 27 -- In its continuing crackdown under Operation Chakra-V, the Central Bureau Investigation (CBI) conducted coordinated raids at multiple locations in Mumbai and Ahmedabad in connection with a transnational cyber extortion case and arrested a key operative.

The raids led to the recovery of incriminating evidence, CBI said today.

The main suspect behind a transnational cyber extortion syndicate was arrested yesterday from Mumbai.

The case pertained to a sophisticated international fraud network involved in cheating foreign nationals, particularly citizens of the United States and Canada, by impersonating government officials, threatening them with false allegations, and subsequently extorting funds.

The proc...