Rourkela Police have captured a prominent figure in a global cybercrime ring based in Cambodia.
The Odisha Police have made a major breakthrough by apprehending a key member of a network located in Cambodia that engages in crypto fraud and cyber slavery. This arrest provides insight into a burgeoning international criminal network that uses sophisticated cybercrime operations in conjunction with human trafficking to exploit victims for fraudulent purposes.
Known for its global presence, the syndicate recruits people by posing as a company that offers attractive work possibilities in Southeast Asia, especially in Cambodia. After being seduced, victims are forced to take part in complex internet fraud schemes, such as cryptocurrency fraud schemes, which prey on gullible people and companies all over the world. These schemes sometimes entail setting up phony investment platforms and embezzling large quantities of money from victims.
The apprehended person is accused of overseeing cyber fraud operations and organizing recruiting drives, making them a vital component of the syndicate’s operations. This arrest was the result of a thorough investigation conducted by Odisha Police in response to intelligence inputs. According to authorities, this may reveal more intricate linkages to the syndicate’s operations both domestically and internationally.
The syndicate is connected to a number of cybercrimes, such as human trafficking and cryptocurrency fraud. This investigation is a major step in breaking up the cyber slavery network, with 14 arrests already this year. Under the direction of SP Rourkela, the operation represents a significant turning point in the fight against international cybercrime.
Since January 2024, 14 people have been arrested, several of them are directly operating out of Cambodia. The group used cutting-edge methods and tools to defraud people through cryptocurrency exchanges and websites like Binance.
To break up the network and find other offenders, police officers are working with both domestic and foreign organizations. An important first step in revealing and taking down a criminal enterprise that preys on people’s trust and vulnerability is this arrest. In order to confront such sophisticated criminal networks, it emphasizes the urgent need for increased awareness, preventive measures, and international collaboration.
After a top federal government official filed a charge of theft totaling Rs 67.7 lakh, the inquiry got underway. A fraudulent trading software posed as Indira Securities, a genuine SEBI-registered company, was used in the scam. Investigators linked the scam to a global organization with a network that included numerous Southeast Asian nations as the case progressed.
Because of passport limitations or financial extortion by the organization, many of Indian victims were ensnared in these crimes and were unable to return home. The scam recruited Indian students with the lure of high-paying IT employment using pre-activated SIM cards, mule bank accounts, and local agents, only to utilize them in cybercrime activities.
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