Two cyber fraudsters were detained last week on Friday in Gujarat for allegedly being involved in a scheme that defrauded college students of lakhs of dollars by persuading them to like YouTube videos.
Authorities investigated their bank records and discovered transactions of 60 crore in the previous three months.
Rupesh Thakkar, 33, and Pankaj Od, 34, both natives of Gujarat's Gandhinagar district, were detained.
They were traced as part of the investigation into a case filed by a 19-year-old student who was conned of $2.5 lakh in October of this year after taking up a part-time job that required liking YouTube videos.
The then-unknown offenders were charged under Indian Penal Code sections 419, 420, 467, 468, and 471.
The police have also seized several bank documents, including credit cards, debit cards, and cheque books, as well as devices, including six mobile phones and 28 SIM cards, from the two guys.
They also discovered rubber stamps used to certify falsified documents shared with the accused's victims.
He went on to say that the remainder of the funds had already been transferred to other accounts that were also under investigation.
Police believe that by thoroughly examining the accounts of the two accused, they will be able to solve several more incidents of cyber fraud.
Both of the arrested suspects are currently in police custody.
This Cyber News was published on www.cysecurity.news. Publication date: Tue, 02 Jan 2024 15:43:05 +0000