New Delhi: In a recent development, the Central Bureau of Investigation (CBI) seized a significant amount of cash, foreign currency, and gold in raids conducted across Delhi-NCR. The investigation was initiated in connection with a cybercrime case involving a cryptocurrency fraud and impersonation of government officials.
On February 14, the CBI carried out raids at 11 locations, uncovering a web of deceit and fraudulent activities orchestrated by cybercriminals. The suspects allegedly exploited computer resources and crypto devices to deceive individuals in India and abroad by offering fake technical support consultations and persuading them to transfer money from their cryptocurrency wallets.
According to a spokesperson for the CBI, the probe unveiled the use of sophisticated computer programs for making VoIP-based calls and accessing the darknet. It was revealed that the cybercriminals engaged in a phishing scam where they impersonated representatives of reputable agencies and firms to swindle unsuspecting victims.
The modus operandi of the scammers involved using VoIP technology to make calls to foreign nationals, duping them into believing that their computers were compromised. By gaining remote access to the victims’ computers, the fraudsters created a false narrative of resolving technical issues, ultimately tricking them into transferring funds.
During the raids conducted by the CBI, a total of Rs 1.08 crore in cash, along with $1000 in foreign currency and 252 grams of gold, was seized. The investigation revealed the extent of the cybercrime syndicate’s operations and the meticulous planning involved in carrying out fraudulent activities on a large scale.
Sources close to the investigation indicated that the cybercriminals operated a fake call center to facilitate their fraudulent activities. By leveraging advanced technology and deceptive tactics, the scammers targeted individuals overseas, exploiting their trust and technological vulnerabilities to siphon off funds through illicit means.
The CBI’s crackdown on the cybercrime syndicate underscores the agency’s commitment to curbing digital fraud and online scams that have proliferated in recent years. With the rise of cryptocurrency fraud and phishing schemes, law enforcement agencies are increasingly vigilant in detecting and apprehending cybercriminals who exploit technology for illicit gains.
The seizure of a substantial amount of cash, foreign currency, and gold highlights the financial impact of cybercrime on victims and the economy at large. As authorities continue to investigate and prosecute individuals involved in such fraudulent activities, the need for heightened cybersecurity measures and public awareness remains paramount in safeguarding against digital threats.
Overall, the CBI’s recent operation against the cybercrime syndicate serves as a reminder of the pervasive nature of online fraud and the importance of collaborative efforts between law enforcement agencies and technology experts in combating digital crimes effectively. As technology evolves, so do the tactics of cybercriminals, underscoring the need for constant vigilance and proactive measures to protect individuals and businesses from falling prey to cyber scams.