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ED raids in NCR, Uttarakhand in global cyber fraud case
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....D raids in NCR, Uttarakhand in global cyber fraud case<BR>PMLA / Black Money<BR>Dated:- 6-8-2025<BR>PTI<BR>New Delhi, Aug 6 (PTI) The Enforcement Directorate on Wednesday conducted searches at multipl....
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....e premises in the national capital region and Uttarakhand as part of a money laundering probe linked to a global cyber fraud ring in which Indian and foreign nationals were duped of funds worth crores....
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.... of rupees, official sources said. The raids are being conducted under the Prevention of Money Laundering Act (PMLA) and are covering at least 11 premises located in Delhi, Noida, Gurugram and Dehra....
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....dun, the sources said. Fraudsters based in these cities were "cheating" Indian and foreign nationals by impersonating as police or investigating agency officers and they "extorted" money by threateni....
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....ng them with consequences of arrest, they said. The fraudsters also impersonated as Microsoft and Amazon technical support service agents to "cheat" the victims. The agency found that the monetary a....
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....ssets of the victims were converted into crypto currencies and transferred to the accused. The accused generated about Rs 260 crore in the form of Bitcoins in multiple crypto-wallets, which were furt....
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....her liquidated into cash through conversion into USDTs through multiple hawala operators and individuals based in the UAE, according to agency sources. The money laundering case stems from FIRs regis....
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....tered by the CBI and the Delhi Police. PTI NES DV DV<BR> News - Press release - PIB....