CBI arrests 2 in multinational cybercrime crackdown, busts fraud networks

• CBI arrested two alleged cybercriminals during 'Operation CyStrike', a massive countrywide search operation across 35 locations in 10 states.
• The operation was coordinated with the FBI (US) and agencies from the UK, Kuwait, Ireland, and Singapore, targeting cyber-enabled financial crimes.
• One network, operating from New Delhi, targeted US victims online, leading to the seizure of electronic devices and the arrest of a key operative.
• Another transnational network, operating from New Delhi, Ghaziabad, and Karnataka, defrauded Indian nationals with fake Kuwaiti e-Visas and job offers, leading to an arrest and seizure of Rs 60 lakh cash.
• CBI also dismantled networks targeting victims in the UK, Ireland, and Singapore, identifying and taking down mule accounts used for channeling crime proceeds.

Why It Matters: CBI's 'Operation CyStrike' led to two arrests and dismantled multiple transnational cybercrime networks across India.