Gang providing bank accounts to cyber fraudsters to launder money busted in Surat; 4 held
Surat (PTI): The Surat police have arrested four members of a gang, including one from Mumbai, for allegedly providing 623 bank accounts to cybercrooks in India and abroad for transferring crime proceeds of more than Rs 111 crore, officials said.
Three of the accused were caught transferring money, deposited by cyber fraud victims, from one bank account to another when the police raided an office in Gujarat's Surat city on Tuesday, they said.
The bank accounts provided by the accused were used by India as well as Dubai and China-based cyber criminals, who duped people through digital arrest, job, task and investment frauds, a police release on Wednesday said.
The accused used to charge a specific commission for providing access to their bank accounts, it said.
A preliminary probe suggested that the four accused, arrested on Tuesday, were part of a gang which used to work with cyber fraudsters against whom the National Cyber Crime Reporting Portal (NCRP) has so far received 866 complaints.
These criminals face 200 FIRs across the country, the police said.
In June, the Surat police in Gujarat arrested eight persons involved in providing bank accounts (called 'mule' accounts) to cyber criminals to park defrauded money after charging commission.
Their interrogation brought to light that eight more persons, two of them based in Dubai, were also involved in providing such accounts, typically used for laundering proceeds of cyber crimes, the release said.
Based on the information gathered from them, the police raided an office in Mota Varachha area of Surat city on Tuesday and arrested three persons -- Ajay Italia, Jalpesh Nadiadara and Vishal Thumar. Another accused, Hiren Barvalia, was arrested from Mumbai international airport when he was trying to board a Dubai-bound flight, said the release.
Four others -- Milan Vaghela, Ketan Vekaria, Dashrath Dandhalia and Jagdish Ajudia -- are still at large. Vaghela and Ajudia are currently in Dubai, it said.
When the police raided the office in Mota Varachha, the three persons was busy transferring money, deposited by cyber fraud victims, from one bank account to another.
After completing fund transfer, their accomplices used to withdraw cash in Dubai using debit cards, the police said explaining the gang's modus operandi.
During the raid at the office and two other locations in Surat, the police recovered 28 mobile phones, 198 bank passbooks, 100 debit cards, 35 cheque books, 258 SIM cards and three computers.
The police learnt the gang was operating as many as 623 bank accounts, in which transactions of Rs 111 crore were detected, said the release.
A diary recovered from the office indicated the accused had acquired some of the bank accounts on a specific commission from 16 persons and they were charging fees from cyber criminals for using them, it said.
The NCRP data accessed by the Surat police indicated that of these 623 bank accounts, people from across the country had lodged 866 complaints against holders of 370 accounts on the portal as these were used by scamsters to accept money from cyber fraud victims.
The data also suggested the bank accounts were linked to 200 FIRs registered across the country for different cyber frauds, the police release added.
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Karnataka cabinet approves formation of separate Dharwad Municipal Corporation
Bengaluru: The Karnataka Cabinet has approved a formation of separate Dharwad city corporation. Alongside, a 15% hike in fares across the four state transport corporations was also approved. The revised fares will come into effect on January 5.
Law and Parliamentary Affairs Minister H.K. Patil, addressing the media at the Committee Hall of Vidhana Soudha, provided details about the decision. He explained that the last fare revision for BMTC was a decade ago when diesel cost Rs 60.98 per litre. Since then, operational costs have risen significantly.
Diesel expenditure for the four corporations has increased from Rs 9.16 crore to Rs 13.21 crore, and personnel costs have grown from Rs 12.85 crore to Rs 18.36 crore. The daily operational burden now stands at Rs 9.56 crore. The fare hike is expected to generate an additional Rs 74.85 crore in monthly revenue without burdening the state exchequer, as Rs 5,015 crore has already been allocated for the Shakti Yojana this fiscal year.
Minister Patil announced that the Cabinet has decided to bifurcate the Hubballi-Dharwad Municipal Corporation into two independent municipal bodies.
The Cabinet approved the construction of a fishing port in Hejamady village, Udupi, with a revised estimate of Rs 209.13 crore. Additionally, Rs 84.57 crore has been sanctioned for the modernization and dredging of fishing ports.
In a move to strengthen cow shelters, Rs 10.50 crore has been allocated for projects in 14 districts. The Cabinet also approved constructing a building for Visvesvaraya Technical University in Chikkaballapur district at Rs 149.75 crore.
The Cabinet sanctioned a state-of-the-art bus stand in Bannimantap, Mysuru, at a cost of Rs 120 crore. Spread over 14 acres, the facility will include a divisional office, bus units, and commercial shops.
Approval was also granted to utilize Rs 137.85 crore, provided by the Union Finance Ministry under the Special Capital Assistance Scheme, for capital expenditure.
The Kalyana Karnataka Regional Development Board will use Rs 56.92 crore from its SCP/TSP scheme to supply bed sheets, mosquito nets, and clothing to government residential schools and hostels.
The Cabinet approved Rs 100 crore to construct new buildings for 200 veterinary institutions currently housed in rented or dilapidated structures, using NABARD assistance.
In Davangere, a site was allotted to the Karnataka Working Journalists' Association for constructing a civic facility. A plot in Avaragere village was also leased for 30 years at a concessional rate to Nayaka Vidyarthi Nilaya.
