Gwalior (Madhya Pradesh): Gwalior police arrested 10 youth from Uttar Pradesh in connection with the Ramakrishna Mission Ashram secretary fraud of Rs 2.5 crore on Friday.
All 10 accused have been brought to Gwalior and are being presented in court for police remand.
According to police reports, all the accused were college going students. Out of the total amount of fraud, Rs 30 lakh of the defrauded amount was transferred to an IndusInd Bank account in Lucknow. The holder of the account in his confession stated that he had rented his account to the fraudsters for commission.
Further inquiry unveiled a ongoing racket of opening fake accounts, cash withdrawals, and digital transfers.
According to special investigating team, there are multiple layers of this ongoing fraud racket. Some rented bank accounts to fraud for commission, others transferred cash to fraudsters and few converted cash into USDT and delivered it to the fraudsters.
While the largest part if the amount in this scam was transferred through an IndusInd Bank account in Prayagraj. This amount was immediately transferred to 20 other bank accounts. Upon investigating the SIT found that the account was linked to a quack firm.
Gwalior SSP Dharmveer Singh stated that all the laptops, mobiles and other devices were recovered from the accused. The police believes that several suspects are linked to the "digital arrest" gang, a popular cybercrime network.
