13 arrested in ₹8.46 crore Yes Bank cyber fraud

East Kutch police have taken major action against cyber fraudsters who embezzled crores of rupees from Yes Bank accounts. According to a report by Sandesh, online fraud amounting to ₹8.46 crore was committed through a total of 211 transactions in this entire scam. The accused misused technology to siphon off funds from bank accounts.

East Kutch police conducted an in-depth investigation into the matter. As the probe progressed based on digital transactions, it was revealed that the links of this fraud were not limited to Kutch alone but extended to various states across the country. To dismantle this nationwide network, the police launched a mega operation.

By conducting raids in 9 different states across the country, the police have arrested a total of 13 accused involved in the cyber mafia gang. With the exposure of this interstate network, the entire conspiracy of the multi-crore online fraud has been uncovered. The police identified the modus operandi of the accused and dismantled their nationwide network.

In this massive operation, the significant achievement of the police has been the prevention of financial loss. Before the fraudulent amount could be diverted elsewhere, East Kutch police acted promptly to freeze an amount exceeding ₹3.82 crore. With the arrest of 13 accused and the freezing of a large sum, the back of this active cyber network in the country has been broken. This action by the East Kutch police has sent a stern message to gangs committing online fraud.