Cyber fraud syndicate linked to China busted, 3 arrested
NEW DELHI: Three men were arrested in connection with a cyber fraud syndicate operating across states and channelling cheated money to China via USDT and cryptocurrency platforms, police said on Thursday.
The accused have been identified as Mahender Singh Rajawat (25), who supplied bank accounts and coordinated with one Sarvesh for USDT transactions; Ariph Khan (25), who was in contact with Chinese handlers, provided accounts for transactions, and coordinated withdrawals and crypto conversions; and Laxmi Narayan Vaishy (23), who facilitated the laundering of fraud proceeds.
