India police seize cyber fraud networks in Odisha, Rajasthan and Mumbai

The Central Bureau of Investigation (CBI) conducted raids at seven locations in Odisha and Rajasthan, arresting three suspects accused of siphoning 2.07 crore rupees through a “digital arrest” scam. The operation, ordered by the Punjab and Haryana High Court, uncovered layers of bank transfers used to hide the illicit proceeds.

Separately, Mumbai’s cyber crime unit busted an organized fraud ring that duped investors of more than 1.07 crore rupees through fake share‑trading and IPO schemes. Six men – four from Vadodara, Gujarat, and two from Mumbai – were detained after police traced the use of counterfeit trading apps and coordinated WhatsApp groups to lure victims and move the money through multiple accounts.

Both investigations highlighted sophisticated use of digital platforms, layered financial transactions, and impersonation of law‑enforcement or market officials to gain victims’ trust. Authorities have seized digital devices, documents and electronic evidence and are continuing to track additional participants in the scams.