Coimbatore Cyber Crime Police Nab Duo for Running Fake Bank Account Network Used in Online Scams

Coimbatore: Cyber Crime Police in Coimbatore have arrested two persons for allegedly acting as agents who recruited individuals to open bank accounts used to funnel money collected through online fraud.

The accused have been identified as Selvi from Ramanathapuram district and Anand from Sivaganga district. They were arrested for allegedly acting as intermediaries and arranging bank accounts to receive money generated through online fraud.

Online fraudsters often transfer money collected from victims through multiple bank accounts to conceal the transactions and withdraw the funds. To facilitate this, they allegedly pay individuals between Rs 8,000 and Rs 10,000 to obtain their Aadhaar details and SIM cards and open bank accounts in their names. The accounts are subsequently controlled by the fraudsters.

Following a complaint that two persons were acting as agents to recruit people for opening such bank accounts in Coimbatore, Cyber Crime Police registered a case and launched an investigation, which led to the arrest of Selvi and Anand.

Police seized 70 bank passbooks, 25 debit cards, two mobile phones and eight SIM cards from the duo.

Further investigation is underway to identify those who financed the accused to operate as agents.