In a major breakthrough, the North Region Cyber Police Station has apprehended three individuals involved in a massive cyber fraud operation, using more than 70 bank accounts to facilitate illegal financial transfers. The suspects, Sheshnath Pandey (47), Satish Poonamiya (47), and Rahul Bachchan (37), are accused of providing their accounts to fraudsters who used them to transfer illicitly obtained funds. In exchange, the trio earned substantial commissions on each transaction.
According to DCP Datta Nalawade of the Cyber Cell, the three played a pivotal role in a Rs2.85 crore fraud that targeted a woman. Lured into investing in the stock market with promises of high returns, she was persuaded to transfer Rs2.85 crore into multiple bank accounts under different names.
The fraud was traced back to several bank accounts spread across various regions. Using technical analysis and information from confidential sources, the police tracked down the suspects in Diu-Daman, Gujarat, and Mumbai.
Authorities have seized a range of items, including six mobile phones, ten SIM cards, a laptop, multiple bank passbooks, debit cards, and forged documents used to open 70 bank accounts. The suspects are believed to be linked to over 130 complaints nationwide. Their arrest is expected to significantly aid in solving numerous cases.
The Cyber Cell is continuing its investigation to identify other accomplices and recover additional fraudulent funds. Further charges are anticipated as evidence continues to mount.