Four Arrested in Cybercrime Gang Using Rented Accounts and Crypto

The Sola High Court Police have successfully apprehended four individuals connected to a cybercrime gang involved in fraudulent activities. The gang used rented bank accounts and cryptocurrency to conduct illegal transactions, allegedly transferring stolen money to a Chinese syndicate behind the crime.

Operating on digital platforms like Skype, Binance, and Telegram, the gang members posed as Mumbai Police Crime Branch officials and lawyers. They contacted victims through video calls, falsely claiming that the victims were involved in money laundering cases. Subsequently, they manipulated the victims into transferring funds from their bank accounts through UPI methods.

One victim lost Rs97,894.44, which was traced to accounts controlled by the arrested suspects. The police filed cases under multiple sections of the Indian Penal Code and the IT Act, leading to swift arrests.

The four arrested individuals are:

Prince Mahendrabhai Ravipara (21), the alleged mastermind from Nikol
Jaimingiri Rajeshgiri Goswami (24), from Vastrapur, a known account leasing agent
Tanveer Jumabhai Madhra (30), a rickshaw driver from Junagadh, whose account was used in the fraud
Sahil Mehbubbhai Multani (25), another account rental agent from Junagadh
The investigation is ongoing, and authorities are working to uncover further details about the syndicate and its operations.

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