Overview
- Late-night CIK raids in Srinagar’s Rangreth industrial area led to seven arrests and the seizure of 13 phones, nine laptops, VoIP systems, SIM cards, networking gear and storage devices.
- Police say the syndicate ran an unregistered VoIP call-centre that generated virtual international numbers, spoofed locations and impersonated service providers.
- Victims were lured through phishing ads, a fake Yahoo website and toll-free numbers in a tech-support style scheme that harvested banking and personal data.
- Proceeds moved through mule accounts, digital wallets and cryptocurrency, with conversions to USDT and layered transfers; investigators say no cash transactions occurred.
- ThePrint reports police named seven local suspects and booked them under BNS sections 112, 316, 318, 319 and 336 and IT Act section 66D, with alleged takings in several crores under forensic review.