ED Team Attacked During Cyber Fraud Raid in Delhi

Aakhir Tak – In Shorts:

1. An ED team was attacked during a cyber fraud raid in Delhi’s Bijwasan area.
2. The case involves PPPYL cyber app fraud linked to money laundering.
3. The accused, including Ashok Sharma and his brother, attacked the team.
4. Thousands of cybercrimes like phishing and QR code scams were reported nationwide.
5. Illegitimate money was traced to 15,000 mule accounts used for cryptocurrency purchases.

Aakhir Tak – In Depth:

Incident Overview

On Thursday, an Enforcement Directorate (ED) team faced an attack during a raid in southwest Delhi’s Bijwasan. The raid was part of an investigation into a cyber fraud-linked money laundering case. Fortunately, no injuries were reported.

Details of the Cyber Fraud Case

The investigation centers around the PPPYL cyber app, accused of facilitating illegal transactions. According to ED sources, the main suspects, including Ashok Sharma and his brother, assaulted the officials during the raid. An FIR has been registered, and the situation is under control.

The Scale of Cyber Frauds

Nationwide, thousands of cybercrimes, including phishing, QR code scams, and fake job offers, have been reported. Analysis by i4C and FIU-IND revealed that the illicit funds were funneled through 15,000 mule accounts.

Money Trail and Cryptocurrency

Investigations show that debit and credit cards were misused to top up virtual accounts via the UAE-based Pyypl Payment Aggregator. The funds were then used to buy cryptocurrency, creating a complex laundering network involving shady accountants.

Ongoing Investigation

ED sources indicate the involvement of corrupt chartered accountants and ongoing searches to dismantle the entire network. The investigation continues to uncover further links and potential suspects.

Aakhir Tak – Key Takeaways to Remember:

• ED team attacked during a cyber fraud raid in Delhi.
• Linked to the PPPYL cyber app fraud case.
• 15,000 mule accounts facilitated the money laundering network.
• Cryptocurrency purchases traced back to illicit funds.

Aakhir Tak Editor-in-Chief

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