Authorities disclosed that the perpetrators operated a sophisticated investment racket online, enticing victims with promises of high returns before diverting funds through multiple bank accounts and digital channels.

Investigations revealed connections to foreign operators and the utilisation of cryptocurrency transactions to transfer the illicit proceeds.

One arrest involved the principal facilitator from Greater Noida, accused of defrauding a victim of Rs 27.82 lakh. The second suspect, identified as a mule account holder, was detained for transferring Rs 47 lakh obtained through similar fraudulent means.

The probe uncovered numerous bank accounts employed for money laundering, alongside the misuse of SIM cards and other digital evidence, enabling rapid identification of the offenders.

The operation was conducted under the supervision of ACP Patil Swagat Rajkumar and DCP Aditya Gautam with Inspector Sandeep Singh and Inspector Vinay Kumar leading the investigation.

Senior Crime Branch officials commended the team's work and noted ongoing efforts to apprehend additional gang members. They urged the public to exercise caution with online investments and to verify company credentials before investing.

The Delhi Police Cyber Cell continues to strengthen measures against cybercrime through vigilant monitoring and stringent enforcement against fraudsters.