In a significant move against cybercrime, the Telangana Cyber Security Bureau (TGCSB) has successfully dismantled a major cyber fraud network operating out of Surat, Gujarat. The 10-day interstate operation, conducted between May 1 and May 10, led to the arrest of 20 individuals, including a relationship manager from DCB Bank.
The arrested individuals were linked to over 515 cybercrime cases across India, with 60 cases registered in Telangana alone. The syndicate primarily engaged in business and investment scams, including fraudulent trading schemes and part-time job frauds. Investigators uncovered 27 mule bank accounts used to facilitate illicit transactions amounting to ₹4.3 crore.
Among those apprehended were 14 bank account holders and 5 intermediaries, who acted as facilitators between fraudsters and unsuspecting victims. Authorities seized 20 mobile phones, 28 SIM cards, 4 debit cards, 5 cheque books, and other incriminating evidence.
This operation marks the fifth major interstate crackdown by TGCSB, following a similar successful operation in Rajasthan last September. TGCSB Director Shikha Goel emphasized the bureau’s zero-tolerance policy against cybercrime and reiterated the importance of public vigilance. Citizens are urged not to share bank credentials and to report suspicious activities via 1930 or cybercrime.gov.in within the golden hour of an incident.
Further investigations are underway to identify additional perpetrators and prevent future cyber frauds. Read more: link
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