₹500 Crore Cyber Fraud Network: 18 Arrested As Mumbai Crime Branch Suspects Dubai-Based Gujarat Kingpin
Mumbai, August 20, 2026: The Mumbai Crime Branch has uncovered a major cyber fraud racket while investigating a case registered at Pydhonie Police Station. During the probe, Crime Branch Unit-2 conducted a raid on a luxury villa in Goa and initially arrested 12 suspects. The number of arrests has now increased to 18, and all the accused have been remanded in judicial custody. Dubai-Based Kingpin…
The Mumbai Crime Branch has apprehended 18 individuals as part of a major cyber fraud investigation, with Dubai-based kingpin Ranveer suspected of masterminding the operation. The arrests were made following a raid on a luxury villa in Goa, where police discovered over 150 mule bank accounts used to launder proceeds from the alleged Rs 500 crore cyber fraud network.
Authorities suspect the network is linked to at least 83 cyber fraud cases across the country, with proceeds potentially converted into USDT cryptocurrency. The investigation is ongoing, with efforts currently focused on tracking down and apprehending Ranveer, the suspected mastermind operating from Dubai.
Brief written by urgent.news from Free Press Journal's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
