https://www.taxtmi.com/news?id=69991 Coordinated multi state financial trail investigations led to 55 arrests, recoveries of about Rs 4.84 crore and freezing of Rs 1.55 crore; operations revealed impersonation, bulk SIM to e SIM conversion shared with foreign operators, use of mule and agent procured bank accounts, and fund rotation via digital wallets and bank accounts. Cases included fake investment/trading platforms, social media investment lures, retail advance scams and cryptocurrency linked laundering, with ongoing efforts to trace proceeds, expand asset freezes, and obtain restitution for victims. en-us Wed, 04 Feb 2026 15:31:03 +0530 Wed, 04 Feb 2026 15:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=69991 Coordinated multi state financial trail investigations led to 55 arrests, recoveries of about Rs 4.84 crore and freezing of Rs 1.55 crore; operations revealed impersonation, bulk SIM to e SIM conversion shared with foreign operators, use of mule and agent procured bank accounts, and fund rotation via digital wallets and bank accounts. Cases included fake investment/trading platforms, social media investment lures, retail advance scams and cryptocurrency linked laundering, with ongoing efforts to trace proceeds, expand asset freezes, and obtain restitution for victims. News - Wed, 04 Feb 2026 15:31:03 +0530 https://www.taxtmi.com/news?id=69991