Mumbai police crack Rs 1.89 crore fraud case, arrest four for supplying mule accounts to fraudsters in Ch

Mumbai Police arrested four men for allegedly supplying mule bank accounts, fake SIM cards, and one-time passwords to Chinese cyber fraudsters in exchange for a three percent commission. The operation was launched after a 68-year-old resident of Andheri fell victim to an investment scam in August, losing a total of 1.89 crore rupees. The victim was contacted via WhatsApp and convinced to invest in a fake share-trading platform promising high returns, but was later blocked from withdrawing funds and asked to pay more.

Investigators discovered that the suspects had diverted 53 lakh rupees from the siphoned funds out of a business current account registered in the name of Vitthal Fruits into their own personal accounts instead of forwarding the full amount to the overseas scammers. Police stated that the four individuals attempted to cheat the Chinese fraudsters by keeping a portion of the stolen money for themselves, which ultimately led law enforcement to track them down.

The arrested individuals included an alleged mastermind from Kamothe, an associate from Indapur, and two graduates from Panvel who handled various tasks such as document submission, account operations, and money distribution. Authorities traced the suspects after noticing equal money transfers among them followed by the destruction of mobile SIM cards and their exit from the Telegram group used to communicate with the overseas fraudsters.