1500 Crore Cyber Fraud Busted: Three Arrested, Nationwide Gang Exposed

• Rajkot Rural Police uncovered a massive 1500 crore cyber fraud, arresting three more accused, including mastermind Adiluddin Mohammed from Telangana.
• The fraud involved large-scale financial irregularities through multiple bank accounts linked to APMC, initially estimated at 400 crore but growing to 1500 crore.
• Accused used current accounts in Yes Bank, Axis Bank, and ICICI Bank, linking them to agricultural firms to evade TDS and scrutiny.
• A total of 180 cyber fraud complaints, amounting to 23.14 crore, were registered nationwide against the 15 suspicious accounts.
• The network facilitated fraud from cyber scams, online gaming, and GST scams, with ongoing investigations into Adiluddin's criminal history and syndicate connections.