New Delhi: The Cyber Police Station of Delhi’s South West District has successfully busted a major online financial fraud network, arresting five members of a notorious cybercrime syndicate based in Jodhpur–Balotra. The gang duped victims across India through high-return investment scams operated via Telegram.
Those arrested include Ravindra Vishnoi (28), a Jodhpur-based pharmacy owner linked to foreign fraud networks; Mahipal (27), a mobile shop operator from Jodhpur responsible for sourcing mule bank accounts; Mohd. Yaseen, a mule account holder from Balotra; and Rohit Nimbawat alias Ronny alias Vikky (24) and Yash Vaishnav (23), both from Balotra and suppliers of mule accounts. Police seized 10 high-end phones, 12 proxy SIM cards, seven mule bank accounts with debit cards, two Jio Wi-Fi routers, and three suspect ID documents from the accused.
The investigation began when a Munirka Village resident reported losing Rs 17.31 lakh to an online scam through the National Cybercrime Reporting Portal. The victim was lured into a Telegram group “971 CBOE,” initially offered small payments for posting Google hotel reviews, and later persuaded to invest between Rs 2,000 and Rs 1.5 lakh in a fake trading platform promising 30–40% returns. Inflated account balances were shown to encourage further investments. Withdrawal attempts were blocked with demands for extra “unfreeze” fees, leading to massive losses.
An FIR under Sections 308, 318(4), 319, and 340 of the Bharatiya Nyaya Sanhita was registered. A special investigation team tracked mule accounts, proxy SIMs, and fund transfers, leading to the arrest of mule account holders and key operators. Vishnoi, identified as the kingpin, laundered stolen money through USDT cryptocurrency for handlers in China. Coordinated raids in Rajasthan and Maharashtra led to further arrests.
The gang maintained direct contact with China-based cyber fraudsters and used mule accounts across India, Nepal, and Singapore to facilitate cross-border transactions and conceal illicit funds. The case is considered solved, with police focusing on tracking other network members and victims nationwide.
