The Delhi Police has busted a pan-India cyber fraud syndicate allegedly run by a Dubai-based Indian kingpin, arresting five persons, including a relationship manager of a bank for facilitating fraudulent financial transactions, officials said on Friday.

According to police, the syndicate operated fake firms and opened multiple current accounts to launder the funds cheated from victims across at least 12 states.

“The accused allegedly earned Rs 1.5 lakh commission for every bank account opened for the racket’s operations,” read a statement issued by crime branch.

The accused — Manjeet Singh (28), Manshvi (23), Manish Mehra (33), Sombir (43), and Anup (35), a bank official — were apprehended from Delhi, Gurugram, and Hisar during the coordinated raids conducted after tracing their locatio

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