Hyderabad Police arrest six in ₹1.22-crore investment fraud (opens original article in a new tab)

Hyderabad Police arrested six individuals in a ₹1.22-crore investment fraud case involving fake trading platforms and mule bank accounts. The investigation uncovered a network facilitating cybercrime and money laundering through illicit banking activities.

• Hyderabad Police arrested six people in a ₹1.22-crore investment fraud case
• Fraudsters used fake trading platforms and mule bank accounts to deceive victims
• Investigation revealed a network supplying bank accounts for cybercrime and money laundering
• One accused's YES Bank account was linked to 26 cybercrime cases across India