<h1>UAE Payment Platform PYYPL Linked to Rs 300 Crore Cyber Fraud Scheme Through Cryptocurrency Laundering</h1> The Enforcement Directorate filed a supplementary chargesheet against five accused in a cyber fraud case involving UAE-based payment platform PYYPL, which allegedly duped people in India of Rs 300 crore. Eight individuals have been arrested, including chartered accountants, crypto traders operating from Dubai, and four others from Jodhpur. An organized criminal syndicate operating through Telegram groups hired individuals to arrange 'mule' bank accounts for laundering defrauded money, converting funds into cryptocurrency through PYYPL or cash in Dubai. The investigation, conducted jointly with FIU and I4C, continues as several suspects remain at large. Multiple electronic devices, crypto wallets, and bank accounts have been seized.