In Chennai, the Enforcement Directorate (ED) arrested four young men from Pallipattu town in Tiruvallur district for their involvement in cyber fraud. The arrested individuals, Tamilarasan Kuppan (29), Prakash (26), Aravindan (23), and Ajith (28), were found to have set up shell companies and opened bank accounts to launder money obtained from various cyber fraud schemes. Following a transaction of 2.6 crore through a suspicious bank account in Tiruvallur, the ED conducted searches and apprehended the suspects. The Bengaluru court handling ED cases granted the agency four-day custody of the accused individuals.

The group, linked to Chinese scammers through a WhatsApp group, assisted in money laundering for cyber fraud operations using shell companies. Tamilarasan, along with Ajith, Prakash, and Aravindan, operated a network to provide support to cyber fraudsters by creating false directors, addresses, and documents for shell companies. Bank accounts were opened with the help of bank personnel to facilitate the laundering of proceeds from cyber fraud activities. An account containing 2.8 crore in the name of a shell company named Cyberforest Technology Private Limited was frozen by the agency in Bandhan Bank. This case involves the defrauding of a businessman in Jaipur for 2.6 crore by Chinese scammers impersonating various central government agencies. The Jaipur cybercrime police initiated a case in early September, which was later taken up by the ED based on multiple FIRs filed by state police across the country.

Prior to this incident, the ED had arrested Shashi Kumar M, Sachin M, Kiran S K, and Charan Raj in Bengaluru in August. The agency has conducted 17 searches to date and seized relevant evidence, including mobile phones and other digital materials.Electronic devices. An investigation under the Prevention of Money Laundering Act, 2002 has revealed proceeds exceeding 28 crore INR originating from cyber scams. Following the arrest of four individuals from Pallipattu town in Tiruvallur district for their involvement in cyber fraud, the Enforcement Directorate (ED) stated that Tamilarasan Kuppan, Prakash, Aravindan, and Ajith set up shell companies and bank accounts to launder the illicit funds. Searches conducted in Tiruvallur unearthed suspicious transactions amounting to 2.6 crore INR, leading to the arrest of the culprits. The accused individuals have been granted four-day custody by the Bengaluru court for ED cases. Working in collaboration with Chinese scammers via a WhatsApp group, the gang orchestrated a money-laundering scheme using shell companies to assist in disguising the illicit funds generated from cyber frauds. The freezing of a bank account containing 2.8 crore INR linked to a shell company named Cyberforest Technology Private Limited signifies a significant development. This case involves the fraudulent activities of Chinese scammers impersonating governmental agencies, resulting in a businessman from Jaipur being defrauded of 2.6 crore INR. The investigation, prompted by multiple FIRs filed across various states, led to the discovery of the criminal transaction in Tiruvallur. Earlier arrests in August in Bengaluru were also made by the ED, showcasing the agency's determination to combat cybercrime.Up to now, 17 searches have been carried out and incriminating evidence, such as mobile phones and other digital devices, has been seized. The investigation under the Prevention of Money Laundering Act, 2002 has identified proceeds exceeding 28 crore derived from cyber scams.