Surat man held for aiding Rs 10 crore transfer to Pakistan-based crypto wallet

AHMEDABAD: (Nov 9) Police have arrested a resident of Surat in Gujarat for allegedly helping a gang of cyber fraudsters transfer Rs 10 crore to a Pakistan-based cryptocurrency wallet, officials said.

Chetan Gangani was taken into custody as part of an ongoing investigation into ‘mule’ bank accounts being used by scamsters to launder proceeds of cybercrime, Gujarat police CID-Crime's Cyber Centre of Excellence said in a release on Saturday.

The accused had links with six persons, arrested on November 3 from Morbi, Surendranagar, Surat and Amreli districts, for allegedly routing Rs 200 crore to Dubai-based cybercriminals using nearly 100 mule accounts, the release said.