₹300 Crore Cyber Fraud Syndicate Busted in Delhi, Mastermind Arrested

Delhi Police has busted a massive international cyber fraud syndicate linked to scams worth over ₹300 crore and more than 2,500 complaints. The operation led to the arrest of 11, including the alleged mastermind Karan Kajaria, who was intercepted at Kolkata airport after a lookout notice was issued against him.

Investigators revealed that the group operated across multiple states with strong connections to overseas cybercrime networks, particularly in Cambodia. The syndicate used fake investment apps and messaging groups to lure victims with promises of high returns. Once users invested, the platforms stopped working, while attackers stole sensitive data like banking details and OTPs, routing funds through mule accounts, shell companies, and even cryptocurrency channels to hide the trail.

Authorities identified over 260 bank accounts linked to fake companies and recovered multiple devices, SIM cards, and financial documents during the crackdown. Officials have frozen part of the stolen funds and continue to investigate the wider network. The case highlights the growing scale of organized cyber fraud in India and the risks associated with fake investment platforms.

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