Mumbai Cyber Police arrests law course drop-out in connection with multi-crore cyber fraud cases
The Mumbai Cyber Police have apprehended Nisha Yadav, a 35-year-old Chembur resident and law course drop-out, for her alleged involvement in multiple cyber fraud cases, including a scheme that duped a 73-year-old businessman of ₹4.15 crore.
Yadav’s role was uncovered during the interrogation of four men arrested in connection with these crimes, who revealed that they had provided their bank account details to Yadav in exchange for payment.
In the fraudulent operation, Yadav purportedly supplied these bank account details to cyber fraudsters, enabling them to carry out illicit transactions resulting in substantial financial losses to victims.
One such victim, a 73-year-old garment trader, was lured into commodity trading via WhatsApp messages and subsequently lost ₹4.15 crore over a period of several months. The trader, initially enticed by promises of quick profits, entrusted Yadav with access to his online bank account, leading to numerous unauthorized transactions.
The scam unraveled when the trader attempted to withdraw funds from his virtual wallet, only to discover that both the wallet and Yadav had disappeared. Following the victim’s report to the West cyber police, an investigation uncovered a network of 330 bank accounts implicated in similar fraudulent activities. The police, collaborating with banks, managed to seize ₹1.69 crore from 136 accounts.
Further inquiries revealed that Yadav had been procuring bank accounts and leasing them to cybercriminals for a commission. Her arrest, along with that of several accomplices, sheds light on the sophisticated nature of cyber fraud operations and underscores the importance of vigilance in safeguarding against such scams.
The case underscores the prevalence of cyber fraud schemes and the need for heightened awareness and proactive measures to combat them effectively. As authorities continue to crack down on cybercrime, individuals are urged to exercise caution and skepticism when engaging in online transactions or responding to unsolicited messages promising financial gain.
