Delhi Police Bust ₹16 Crore Cyber Fraud Network, Two Dummy Directors Arrested

Delhi Police has uncovered a major cyber fraud facilitation network involving mule bank accounts and shell companies, arresting two alleged dummy directors and exposing a laundering trail of over ₹16 crore routed within just eight days , officials said on Saturday.

The accused, identified as Sonu Kumar and Aminder Singh , were acting as nominal directors of a private limited company that emerged as a key node in the laundering operation. The case was registered after suspicious mule accounts were flagged on the National Cyber Crime Reporting Portal, along with intelligence inputs received through the Samanvaya Portal operated by the Indian Cyber Crime Coordination Centre.

During the investigation, a bank account linked to the firm at a Bawana branch came under scrutiny after being connected to 336 cyber fraud complaints across multiple states . Police said the account displayed abnormal transaction patterns and was used at multiple layers of the money laundering chain.

Detailed financial analysis revealed that over ₹16 crore was funneled through the account in a span of eight days, pointing to an organised and large-scale laundering network . Further probe uncovered links to more than 35 suspected shell companies and a wider web of accounts spread across different banks.

According to officials, the accused used platforms such as online banking systems, digital payment gateways, and social media channels to facilitate transactions and recruit individuals. Vulnerable people were lured with fake job offers and commission-based schemes and made dummy directors, while actual control of the accounts remained with handlers operating remotely, including from outside Delhi.

The network allegedly used these accounts to receive defrauded money, layer transactions, and obscure the audit trail .

Police said the accused have been booked under relevant sections of the Indian Penal Code, including cheating, criminal conspiracy, and forgery , along with provisions of the Information Technology Act, 2000 for cyber fraud and identity misuse.

Further investigation is underway to identify and apprehend other members of the syndicate and dismantle the broader network, officials added.