Cybercrook making Rs 3 crore a day from scams held in Mumbai

A Class 12 passout and a self-taught cybergeek has been arrested from Visakhapatnam by the Bangur Nagar police in a multi-crore cyber fraud spanning the length and breadth of the country. Investigators said he had been converting money that was defrauded from Indian citizens into cryptocurrency and transferring it to Chinese nationals. He was generating a turnover of anywhere between Rs 3 crore and Rs 5 crore everyday.

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