New Delhi, Dec. 16 -- The Crime Branch on Monday dismantled a multi-state cyber-hawala syndicate with suspected cross-border linkages during its probe into an online investment fraud that duped a senior citizen of over Rs 33 lakh, an officer said.
The case comes from an e-FIR registered by a 61-year-old complainant who was lured into a fake online investment scheme. "A detailed technical and financial probe revealed that the cheated money was layered through a web of shell companies and multiple bank accounts," police said.
Police further found that a fictitious firm, "Belcrest India Pvt. Ltd.," played a central role, with over Rs 10.68 lakh directly credited into accounts linked to the entity.
Earlier, two key accused were arrested from...