ED is conducting the investigation beneath PMLA, initiated on the idea of FIRs registered by CBI and Delhi Police.
ED has revealed that international and Indian nationals have been duped by fraudsters impersonating themselves as Police/investigating officers, and extorted with their financial property threatening them with penalties of arrest.
Additional, the fraudsters additionally impersonated themselves as Microsoft/Amazon tech assist service brokers and duped the victims. The financial property of the victims have been transformed into cryptocurrencies, which additional transferred to accused individuals.
Investigation within the matter revealed that accused individuals accrued Rs. 260 Crore in type of Bitcoins in a number of crypto-wallets, which have been additional liquidated into money by conversion into USDTs by a number of hawala operators/people at UAE.
