The CBI has filed a chargesheet against 17 people, including four Chinese nationals, and 58 companies for allegedly running a transnational cyber fraud racket that siphoned off over Rs 1,000 crore through shell firms and digital scams

The CBI has filed a chargesheet against 17 people, including four Chinese nationals, and 58 companies for their alleged roles in a transnational cyber fraud network that siphoned off over Rs 1,000 crore through a sprawling web of shell entities and digital scams , officials said on Sunday.

After busting the racket in October, investigators unravelled a single, tightly coordinated syndicate that relied on an elaborate digital and financial infrastructure to run a range of frauds. Read More

These included misleading loan applications, fake investment sche

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