Enforcement Directorate is carrying out search operation related to ongoing investigation regarding chartered accountants linked to cybercrime network.
Thousands of cyber crimes like phishing scams, QR code cheating and part-time job scam are being reported across the country. With the help of Indian Cybercrime Coordination Centre and Financial Intelligence Unit – India, thousands of reported crime instances were analyzed in totality.
It was found that crime money was being layered into 15 thousand mule accounts and Debit/Credit cards were obtained. Using these cards, money was remitted to top-up virtual accounts on UAE-based Pyypl Payment Aggregator.
Funds were used from Pyypl to buy Crypto-currency. It was found that the entire network was being run by shady chartered accountants.
In Delhi’s Bijwasan area, an Enforcement Directorate team was attacked while conducting raids in connection with the cybercrime case.