In a major crackdown on cyber fraud, the Central Bureau of Investigation (CBI) has seized ₹1.08 crore in cash, foreign currency, and 252 grams of gold during raids at 11 locations across Delhi and Haryana. The action comes as part of an investigation into a two-year-old case involving cybercriminals impersonating government officials to defraud people through crypto currency scams.
Raids Across Delhi & Haryana
On Friday, February 16, CBI teams conducted searches at nine locations in Delhi and two in Hisar, Haryana, targeting individuals involved in organized cyber fraud. According to officials, the accused lured victims in India and abroad, offering fake technical support consultations and tricking them into transferring money through cryptocurrency wallets.
“They were engaged in illegal activities by impersonating government officials and committing crypto fraud,” a CBI spokesperson said in a statement. “These fraudsters induced victims to transfer money in the form of cryptocurrency, which was then routed through multiple wallets before being converted into cash.”
Seized Digital Evidence & Financial Assets
During the raids, CBI officials unearthed significant digital evidence, including:
- Six laptops
- Eight mobile phones
- One iPad
- VoIP-based calling software
- Darknet access tools
In addition to digital equipment, the agency also confiscated ₹1.08 crore in cash, $1,000 in foreign currency, and 252 grams of gold.
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Previous Charges & Ongoing Investigation
The CBI has already filed a charge sheet against three individuals linked to the case. Officials suspect that the fraudsters operated a large network, exploiting crypto transactions to evade detection and launder illicit funds.
This operation marks another significant step in India’s fight against financial cybercrime, particularly in the crypto space, where frauds have been rising due to the pseudonymous nature of digital assets.
With law enforcement tightening its grip on such fraudulent activities, the case highlights the growing need for stronger regulatory oversight and enhanced public awareness to prevent cyber scams.
