Telangana police have dismantled an interstate cybercrime gang, arresting five individuals from Bihar. The suspects are accused of defrauding victims nationwide by promoting fraudulent fertiliser franchise opportunities and offering fake online loan services. Authorities continue to investigate the extent of the gang’s operations and the number of victims affected.
According to police, the accused are suspected to be linked to 498 cybercrime complaints nationwide involving fraudulent transactions worth around Rs 3.5 crore.
A technical investigation led police to the cybercrime network operating from Bihar. Four of the accused are from Nawada district, while the fifth is from Nalanda district. The arrested accused were produced before a court and sent to judicial remand. Further investigation is underway.
The accused are suspected to be linked to 498 cybercrime complaints nationwide involving fraudulent transactions worth around Rs 3.5 crore, according to police. Police seized 10 mobile phones and Rs 70,000 in cash. Investigators also traced around Rs 8 lakh in suspected fraud proceeds in bank accounts and stock market investments and froze the funds.
Police said the accused were also allegedly running a fake Bajaj loan scheme, targeting people searching online for loans and collecting personal documents before demanding various fees.
