Cyber Security Bureau of Telangana busts international fraud network.

The Telangana Cyber Security Bureau (TGCSB) has arrested three individuals involved in a Rs 5.40 crore scam, leading to the disruption of a global fraud network. The suspects provided bank accounts and facilitated money withdrawals for online scammers. The TGCSB has identified worldwide connections to this organized crime group, including ties to Dubai. The main accused, who resides in Dubai, received information about the use of 17 bank accounts belonging to their associates. The suspects have withdrawn Rs 1.34 crore from these accounts, which are linked to 26 other reported cybercrimes. Investigations are ongoing to determine the involvement of bank account holders and potential bank employees, and efforts are being made to apprehend other suspects. [Extracted from the article]