Rourkela police have dismantled a significant cyber fraud network, arresting nine individuals involved in an interstate racket.
The accused, mostly from Chhattisgarh, were found using a fake app named “TradeNow” to conduct fraudulent transactions amounting to over Rs. 50 lakhs daily.
The mastermind, Kishan Agarwal, is reportedly operating from Dubai, orchestrating operations across India and other nations. The investigation revealed connections to an international hawala network, suggesting that funds were routed through South and West Asian countries.
Authorities confiscated Rs. 1.41 crore across 23 accounts, alongside incriminating items such as laptops, mobile phones, and fake identification documents. Efforts are ongoing to trace 176 additional accounts tied to the racket. The arrests are a significant step in curbing cyber fraud in the region.
