Cyber frauds CBI searches 76 places, seizes gadgets

Subject: Schemes

Section: IT

Context: The CBI conducted searches at 76 locations across the country under Operation Chakra-2

More about the news:

The Central Bureau of Investigation (CBI) in India launched Operation Chakra-2, conducting searches at 76 locations across the country.
This operation was in response to five separate cases involving cyber-enabled financial fraud, including a cryptocurrency scam exceeding Rs 100 crore.
Perpetrators operated under the guise of a fake cryptocurrency mining venture, victimizing unsuspecting Indian citizens.
Searches were executed in multiple states, resulting in the seizure of mobile phones, laptops, server images, SIM cards, pen drives, and the freezing of numerous bank accounts.
The CBI also accessed 15 email accounts, revealing the intricate web of deceit woven by the accused.
Two of these cases were initiated following complaints from Amazon and Microsoft, where the accused ran call centers impersonating technical support representatives to target foreign nationals.
Operating across five states and Union Territories, they systematically posed as representatives of major IT companies and multinational corporations, systematically targeting foreign individuals.

Some details about Operation Chakra-2

The operation is aimed at combating and dismantling infrastructure of organized cyber-enabled financial crimes in India.
The CBI conducted it jointly with national and international agencies and private sector giants.
The CBI will share the details of the cases with international law enforcement agencies including the FBI, INTERPOL, NCA in UK, Singapore Police and BKA of Germany to combat organized crime.
Operation Chakra-1 was conducted a year ago.