Developing Story·Haridwar·Updated 41d ago

Haridwar Police Bust Rs 2.75 Crore Cyber Fraud Ring, Five Held

Uttarakhand police have busted a Rs 2.75-crore cyber fraud ring operating out of Haridwar, arresting five people, according to an August 27 New Indian Express report.

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Current Summary

Uttarakhand police in Haridwar have busted a cyber fraud ring valued at Rs 2.75 crore, arresting five people, according to an August 27 New Indian Express report. A separate August 27 report from The420.in says police seized ATM cards as part of the investigation into what they describe as a massive banking fraud operation. In a further development, an August 28 The420.in report says a victim who lost Rs 25.27 lakh to cyber fraud died by suicide, and that a probe into the 'Magadh gang' has revealed a link to the Haridwar case. The identities of those arrested, the victim, the exact link between the two cases, and whether the defrauded amounts have been recovered remain undisclosed.

What We Know

Uttarakhand police busted a cyber fraud ring based in Haridwar
Five people were arrested in connection with the case
The fraud is estimated at Rs 2.75 crore
Police seized ATM cards as part of the investigation into the fraud ring.
A cyber fraud victim who lost Rs 25.27 lakh died by suicide, per an August 28 The420.in report.
A probe into the 'Magadh gang' has revealed a link to the Haridwar fraud case, according to the same report.

What Is Still Unclear

The identities of those arrested
The exact method used to carry out the fraud
Whether the defrauded funds have been recovered
How many victims were affected

What Changed

28 Aug, 02:31 pm
A cyber fraud victim who lost Rs 25.27 lakh has died by suicide, according to an August 28 The420.in report. The report says a probe into the 'Magadh gang' has revealed a link to the Haridwar fraud case. The exact connection to the previously reported Rs 2.75 crore ring, the victim's identity, and the timeline of the death remain unconfirmed.
27 Aug, 02:41 pm
A separate August 27 report from The420.in says Haridwar police seized ATM cards as part of the investigation into the fraud ring, describing it as a massive banking fraud operation.
27 Aug, 08:51 am
Signal detected: Haridwar Police Bust Rs 2.75 Crore Cyber Fraud Ring, Five Held