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Gujarat Police bust cyber fraud racket, 8 held in Rs 826-cr scam

Gujarat Police arrested eight people for opening 82 bank accounts in the names of fake companies and supplying them to cybercriminals. The arrests are linked to a nationwide cyber fraud worth over Rs 826 crore

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Gujarat Police arrests 8 in alleged Rs 826 crore scam. File pic

Gujarat Police arrests 8 in alleged Rs 826 crore scam. File pic

The Gujarat police on Wednesday arrested eight people for opening 82 bank accounts in the name of fake companies in connection with a Rs 826-crore scam, police said, PTI reported.

The accused after opening fake bank accounts further provided them to cybercriminals for committing frauds.

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