Gujarat Police bust inter-state cybercrime network, arrest 13 for siphoning Rs 8.46 crore from Yes Bank
AHMEDABAD: In a major crackdown on an inter-state cybercrime network, Gujarat’s East Kutch Police have arrested 13 accused across eight states for allegedly siphoning off Rs 8.46 crore from a Yes Bank account through 210 fraudulent transactions.
The gang allegedly accessed net banking without an OTP or the account holder’s authorisation, using bogus shell companies and rented bank accounts to transfer the stolen money. Police have managed to freeze more than Rs 3.84 crore of the defrauded amount.
