Cuttack: The Cyber Crime and Economic Offences Police Station, Cuttack, has cracked down on an organised cyber fraud ring, arresting five individuals involved in operating mule bank accounts and routing fraudulent proceeds.
The accused, identified as Smruti Ranjan Moharana, Rakesh Choudhury, Chandrakanta Dash, Abhijit Rout, and Rohit Kumar Rout, were apprehended for their roles in laundering Rs 12.73 crore through five Federal Bank accounts.
A special investigation team, led by ACP Satyajit Das, uncovered the scam, revealing the group’s modus operandi: procuring bank accounts, collecting ATM cards and SIM cards, and routing fraudulent funds through layered transactions.
The police seized mobile handsets, SIM cards, and banking records, with further digital forensic examination underway.
The investigation was conducted by Inspector Rasmita Jena, Inspector Bikash Kumar Palai, and Inspector Debi Prasad Sahoo. The accused has been forwarded to the court.
Police suggest public to report cyber fraud incidents to the 1930 Cyber Helpline or nearest Police Station.
