A major breakthrough has been reported in the fight against online fraud as the Enforcement Directorate (ED) uncovered a large-scale network involved in fake e-commerce and application-based scams. Acting under the Prevention of Money Laundering Act (PMLA), the ED seized ₹86 lakh linked to the syndicate, exposing the depth of digital cheating operations that promised part-time jobs, investment tasks, and quick earnings to unsuspecting victims. The investigation revealed that the scammers operated through 92 bank accounts and multiple crypto wallets where they stored siphoned money. These fake platforms lured people with attractive returns on online tasks, only to trap them and extract large amounts through cleverly designed investment schemes. Victims were manipulated into repeatedly depositing money under the guise of “higher returns,” ultimately losing their savings. ED officials confirmed that the racket was highly organized and connected across states, making it one of the more sophisticated online thuggy operations uncovered recently. The agency is now tracking digital footprints, crypto trails, and financial transactions to identify more suspects linked to the fraudulent network. Authorities have warned citizens to remain cautious of part-time job offers, investment apps, or e-commerce tasks that demand upfront payments or access to bank details.
ED Cracks Down On Online Fraud Network; ₹86 Lakh Seized From Fake E-Commerce Scam
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