The Chandigarh Police have uncovered a major financial fraud operation that used local bank accounts to siphon money swindled from victims across six states. The modus operandi involved creating fake bank accounts in Chandigarh, which were then used to receive and transfer funds obtained through various scams targeting individuals in different parts of the country.
Investigation Details
According to senior police officials, the investigation began after several complaints were filed by victims from states including Punjab, Haryana, Uttar Pradesh, Rajasthan, Delhi, and Maharashtra. The scammers used sophisticated techniques to deceive victims, often impersonating government officials or offering fake investment opportunities. Once the money was transferred to the Chandigarh accounts, it was quickly moved to other accounts or withdrawn in cash, making it difficult to trace.
Arrests and Recovery
The police have arrested several individuals involved in the racket, including the mastermind who allegedly operated a network of mule account holders. Authorities have also managed to freeze a significant amount of funds in some accounts, though the total amount swindled is believed to be in the crores. The accused are being questioned to identify other accomplices and recover more money.
Police have urged citizens to be cautious while sharing personal or financial information online and to verify the authenticity of any unsolicited offers or requests for money. They are also working with banks to strengthen security measures and flag suspicious transactions.
