Gujarat Police Dismantle ₹200 Crore Crypto-Linked Cybercrime Syndicate

Authorities in India arrest six suspects across three districts, uncovering 386 online scams involving digital arrests, job frauds, and mule bank accounts with funds traced to Dubai via Angadia and cryptocurrency channels.

168d ago

Summary

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Terms & Concepts

Digital arrest: A scam tactic where victims are falsely told they are under legal investigation and coerced into paying money.
Mule bank account: A bank account used by criminals, often through a recruited intermediary, to receive and transfer illicit funds.
Angadia channels: An informal courier-based money transfer system commonly used in parts of India to move cash discreetly.