Delhi Police made a significant breakthrough on Tuesday by dismantling an international cybercrime network with links to China. Authorities arrested eight men in connection with this sophisticated operation.
Massive Financial Fraud Uncovered
Police investigations revealed this criminal syndicate has connections to more than 600 cybercrime complaints across India. The network engaged in suspicious financial transactions totaling nearly Rs 15 crore.
How the Cyber Fraud Operated
The gang worked directly for operators based in China. These foreign handlers used SMS-forwarding malware to gain remote control of Indian bank accounts. Once they compromised an account, they intercepted One-Time Passwords to authorize fraudulent transactions.
The arrested individuals maintained mule bank accounts across Delhi, Moradabad, and Bareilly. These accounts received stolen money from victims across the country. The criminals then routed these illicit funds to China-based operators through cryptocurrency platforms.
The Investigation Trail
The case began with a complaint from a Tamil Nadu resident in September last year. This victim reported an unauthorized transfer of Rs 6,000 from her bank account. Police followed the digital trail to a Yes Bank account in East Delhi's Mayur Vihar area.
This account belonged to 25-year-old Wasim, a garment worker from Ghaziabad. Further investigation showed he controlled four mule accounts across different banks. These accounts already had at least 39 complaints linked to them.
Police registered a formal case at Pandav Nagar police station on November 20, 2025. The investigation gained momentum from there.
Police Methodology and Findings
DCP East, Abhishek Dhania, explained their approach. "Our team analyzed the account statements of mule accounts used in commission and disposal of cybercrime proceeds," he stated. "We also examined internet banking IP logs of suspicious transactions. Through in-depth analysis, we identified the complete chain of this cybercrime syndicate."
The arrested individuals played specific roles in the operation. Some sourced account holders, while others distributed banking credentials. A separate group converted stolen money into cryptocurrency.
Evidence Recovered
Police seized substantial evidence during the raids. They recovered 14 mobile devices, 20 SIM cards, and seven bank debit cards. These belonged to Bank of Maharashtra, Indian Bank, and Indian Overseas Bank. Authorities also confiscated Rs 4,70,000 in cash used by the syndicate.
Cryptocurrency Connection
The money laundering process followed a specific pattern. Once mule accounts received fraud proceeds, China-based handlers moved the money through multiple account layers. They then converted it into USDT cryptocurrency on platforms like Binance and MetaMask.
Indian operatives received their commissions in cryptocurrency payments. This digital payment method helped conceal their illegal earnings.
Profile of the Accused
Police identified specific roles among the arrested individuals. One accused based in Bareilly allegedly shared details of over 60 bank accounts. Another suspect had connections to 81 separate complaints.
Interestingly, most arrested men had no prior criminal records. This suggests the syndicate recruited individuals without police history to avoid detection.
Ongoing Investigation
Police continue tracing victims affected by this cyber fraud. Further arrests appear likely as investigators widen their probe into the syndicate's international connections.
This bust forms part of Delhi Police's broader Operation Gang Bust 2026. Over 800 individuals have been arrested under this initiative in just two days.
