Rs 1550 crore scam in Surat: Money was counted from 4 currency counting machines, heaps of gold and diamonds found in office

Surat Cyber Crime News: Surat Police has achieved another major success in a massive cyber fraud scam of Rs 1550 crore spread internationally. The investigation of the crime registered at the Udhna police station has reached Mahidharpura Diamond Bazaar. The police have arrested 4 more accused for whitening black money and converting it into cryptocurrency. The police found so much cash from the office and house of the accused that 4 machines had to be employed to count it. Apart from this, gold, silver and diamonds have also been recovered><

2 crore cash and goods worth crores seized

Surat police raided the office of Chirag alias Charlie Sutaria and Praveen Garia at Mahidharpura on the basis of a tip-off. From there, the police recovered Rs 1.92 crore in cash and four counting machines for counting notes. Along with this, 289 grams of gold, 10 kg 800 grams of silver and 413.37 carats of rough diamonds were also seized. In all, the police have seized Rs 2,60,32,214. Apart from this, two other accused, Abdulrab Chamadia and Amit Choksi, have also been arrested><

What was the modus operandi? (Modus Operandi)

This gang used a special modus operandi to infuse cyber fraud money into the system.

Mull Accounts: The gang members used to lure common people and open dummy bank accounts in their name.

Cash Withdrawal: When the money of cyber fraud came into these accounts, the accused Abdulrab used to withdraw the money in cash from the account of Amit Choksi.

USDT Conversion: This cash used to reach the offices of Chirag Sutaria and Praveen Gadia. There, Chirag Sutaria used to convert this black money into USDT (Tether) cryptocurrency and transfer it abroad so that money could be tracked down

1550 crore and 25 accused in jail

investigation has led to the detection of 164 suspicious bank accounts so far. A total of Rs 1550 crore has been detected in the transactions of these accounts. Surat police have so far arrested 25 accused in the case and submitted a 1.5 lakh page chargesheet in the court. This includes 8 employees of the bank, who helped open accounts on the basis of false documents

DCP Dr. Kanan Desai's statement

DCP Dr. "During the investigation, we received information that out of 164 accounts, Rs 90 lakh was transferred to some accounts. The link reached Abdul Raab and Amit Choksi. His interrogation revealed the names of Chirag Sutaria and Praveen Gadia, who were involved in converting hawala money into USDT. The police are further investigating to get to the root of this international racket