Cyber Laundering : Money converted to crypto currency and sent to China through apps
According to the STF, there is strong evidence that this money has been sent to China. Some more big disclosures can also be made soon
Fraudulent foreigners get money through crypto currency. Through various exchanges, this money is first converted into crypto currency, then dollar and then Chinese currency Yuan and other currencies.
According to the STF, there is strong evidence that this money has been sent to China. Some more big disclosures can also be made soon. STF Uttarakhand has also approached central agencies in this regard. Actually, money deposited through the app cannot be sent abroad directly.
Some Indian and foreign exchange applications are used to send money abroad. These applications are also used in crypto currency transactions. Similarly, these thugs also convert money into crypto currency through these exchange applications. After this they are converted into dollars etc.
According to the STF, 20 more complaints related to such frauds have been received. All these complaints are being investigated. It is being told that STF can also make some big disclosures in this matter soon.
DIG STF Dr. Nilesh Anand Bhare said that Indians have been used in this entire game. Bank accounts, mobiles and companies all are in the name of Indians. Even mobile applications are in the name of Indians, but the money has been transferred to China. STF has strong evidence of this.
Bangalore Police is also investigating in a case
According to sources, Bangalore Police is also probing a similar case. It is being told that the police there also have a huge lead. With this, they can also make a big disclosure soon. STF Uttarakhand is also in constant touch with Bangalore Police in this matter. The police there has also gathered information after this disclosure on Tuesday.
A foreign national has been identified
According to STF sources, a foreign national associated with this case has also been identified. However, the information about whether that citizen resides in India or elsewhere could not be found.
Recovery from the accused
592 Sim card
05 Mobile phones of different companies
04 ATM Card