Gujarat police bust international cyber fraud racket; six held, crores seized

The gang is accused of duping victims through layered money transfers, with police recovering Rs 3.16 crore cash, 15 mobiles, and cheque books.

Cyber News Sep 10, 2025 0 15 Add to Reading List

Gujarat police bust international cyber fraud racket; six held, crores seized

AHMEDABAD: Six persons connected to scams in several states have been arrested by Gujarat police after they busted an international cyber fraud ring.

Police have recovered Rs 3.16 crore in cash, 15 mobile phones, and chequebooks, which the group allegedly used to defraud victims through multilayer money transfers.

To date, investigations have linked the scheme to transactions totalling an astounding Rs 23.23 crore.

An enormous breakthrough resulted from what started as a young person from Ahmedabad's Paldi Area complaining of a Rs 25,000 scam.

Investigating bank transactions connected to the crime, Ahmedabad police found that the stolen funds were being transferred across several levels of accounts. Suspicious self-check withdrawals were being made from Union Bank accounts, which were identified by the third layer of the money trail.

Police monitored cash transactions of Rs 3.18 crore through rented accounts, complete with pre-signed check books, according to ACP S.M. Patel of Ahmedabad N Division. The plan was straightforward but risky: money was laundered via multiple layers, taken out in large quantities, and stored in cash stacks.

During the raids, the police were taken aback by the staggering cache of currency.

After investigating further, police discovered that 136 cyber complaints had previously been filed against one Yes Bank account connected to the scam on the national coordination portal (NCCRP).

518 complaints were filed against another account, Jubilee Hills Merchant, linking the gang to scams around the country.

A total of Rs 9.68 crore in unlawful disbursements and Rs 23.23 crore in fraud transactions have been discovered.

Arifkhan Akbarkhan Makrani, Ashwinkumar Natwarlal Patel, Smit Satishchandra Chavda, Rakesh Sawram Prajapati, and Jagdishkumar Mahendrabhai Patel are the six people that were taken into custody. Each contributed to the racket's cross-state expansion.

Gujarat police have revealed how cyber criminals launder money through multi-layered accounts and rented identities, leaving a long trail of defrauded victims across India, starting with a simple fraud complaint and ending with the discovery of a Rs 23 crore scam.