Police Bust Cyber Fraud Facilitation Network, Arrest Two Dummy Directors in ₹16 Crore Scam

Delhi Police has uncovered a large cyber fraud facilitation network involving mule bank accounts and shell companies, leading to the arrest of two individuals who were acting as dummy directors of a private firm.

The accused, identified as Sonu Kumar and Aminder Singh, were allegedly part of a financial laundering operation where over ₹16 crore was routed within just eight days, police said on Saturday.

How the Network Operated

According to officials, the private limited company at the centre of the case was being used as a hub for illegal money transfers linked to cyber fraud.

Investigators found that:

• The company’s bank account was linked to 336 cyber fraud complaints across multiple states
• Funds were moved through multiple layers to obscure their origin
• Transactions were rapidly routed across several accounts and banks

Police said the account showed highly unusual activity, indicating large-scale financial laundering.

Investigation Triggered by Cyber Crime Portals

The case was registered after suspicious mule accounts were flagged on:

• National Cyber Crime Reporting Portal
• Samanvaya portal of the Indian Cyber Crime Coordination Centre (I4C)

These inputs helped investigators trace the flow of illegal funds and identify the network.

Links to Shell Companies

During the probe, police uncovered connections to:

• Over 35 suspected shell companies
• A wider network operating across multiple banking channels

Officials believe the structure was designed to continuously rotate funds and hide the original source of fraud money.

Recruitment of Dummy Directors

Police said vulnerable individuals were allegedly recruited through:

• Fake job offers
• Commission-based promises

They were made dummy directors, while real control of bank accounts was exercised remotely by handlers, including operators based outside Delhi.

Role in Money Laundering

Investigators stated that the accounts were used for:

• Receiving money from cyber fraud victims
• Layering transactions across multiple accounts
• Transferring funds to conceal financial trails

A senior police officer described it as a “multi-layered laundering network” involving coordinated financial manipulation.

Investigation Ongoing

Police are now tracking additional suspects and financial links to dismantle the broader network. Further arrests are expected as the probe continues.