Sign in Subscribe
Banks (Finance)

Ahmedabad Police Crack Cybercrime Ring, Seize Rs 3.16 Crore in Cash

Strategic Insights

— 1 min read

In a breakthrough investigation, the Paldi police in Ahmedabad city cracked a cybercrime ring that involved the fraudulent withdrawal of Rs 24,988 from a man's bank accounts through Google Pay. The investigation led to the arrest of six individuals and the seizure of Rs 3.16 crore in cash, 15 mobile phones, three cheques, and nine cheque books. The probe further revealed a total of 518 complaint applications against bank accounts through which Rs 23.23 crore worth of transactions had taken place, with at least Rs 9.68 crore suspected to be proceeds of crime.

Key Takeaways:

  • The Ahmedabad Police arrested six individuals, including Arifkhan Akbarkhan Makrani, Ashwinkumar Natwarlal Patel, Smit Satishchandra Chavda, Rakesh Savaram Prajapati, Jagdish Kumar Mahendra Patel, and Jasmeet Raju Khambaliya, under sections 318(2) and 61(2) of the Bharatiya Nyaya Sanhita (BNS) and section 66(c) of the Information Technology (IT) Act.
  • The individuals were arrested after the police found Rs 3.18 crore being withdrawn from bank accounts through self-cheques, leading to the seizure of Rs 3.16 crore in cash, 15 mobile phones, three cheques, and nine cheque books.
  • The investigation revealed a total of 136 applications against the second-layer bank accounts and 518 complaint applications against the third-layer bank accounts, resulting in Rs 23.23 crore worth of transactions.
  • At least Rs 9.68 crore of the transactions are suspected to be proceeds of crime.

Statistics:

  • Rs 24,988: the amount initially withdrawn from a man's bank accounts via Google Pay.
  • Rs 3.16 crore: the amount in cash seized from the arrested individuals.
  • Rs 3.18 crore: the amount being withdrawn from bank accounts through self-cheques.
  • Rs 23.23 crore: the total amount worth of transactions revealed through the investigation.
  • Rs 9.68 crore: the amount suspected to be proceeds of crime.
  • 136: the number of applications against the second-layer bank accounts.
  • 518: the number of complaint applications against the third-layer bank accounts.

Sources:

  • IE Online Media Services Pvt. Ltd., distributed by Contify.com
  • National Cybercrime Reporting Portal (NCCRP)
  • Bharatiya Nyaya Sanhita (BNS)
  • Information Technology (IT) Act

Read more