The Cyber Crime and Economic Offences Police Station cracked down on an organised cyber fraud ring, arresting five individuals involved in laundering Rs12.73 crore through fraudulent bank accounts.
The accused — Smruti Ranjan Moharana, Rakesh Choudhury, Chandrakanta Dash, Abhijit Rout, and Rohit Kumar Rout — allegedly operated mule accounts and routed funds through layered transactions to evade detection.
Modus Operandi
A special investigation team led by ACP Satyajit Das uncovered the group’s operations:
Procuring bank accounts in different names
Collecting ATM cards and SIM cards from unsuspecting individuals
Routing fraudulent proceeds through multiple transactions to disguise the trail
Recovery and Investigation
Authorities seized mobile handsets, SIM cards, and banking records. Further digital forensic analysis is underway.
The investigation was conducted by Inspector Rasmita Jena, Inspector Bikash Kumar Palai, and Inspector Debi Prasad Sahoo. The accused have been forwarded to the court.
Police urged the public to report cyber fraud incidents to the 1930 Cyber Helpline or the nearest police station.
