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Fresh Arrest in Massive Cyber Fraud Case
short by Renata / on Tuesday, 9 April, 2024
The Enforcement Directorate arrests Punit Kumar, accused of masterminding cyber fraud schemes, upon his return from Nepal. Allegedly involved in laundering Rs 5,000 crore abroad, Kumar utilized sophisticated methods, including UAE servers. Another accused, Ashish Kakkar, was detained earlier. The modus operandi involves various online fraud tactics, funneling funds abroad through bank accounts.
read more at News Karnataka