In Chennai, the Enforcement Directorate (ED) announced on Saturday that the individuals Tamilarasan Kuppan, Prakash, Aravindan, and Ajith, aged 23 to 29, were arrested in Pallipattu town, Tiruvallur district for their involvement in cyber fraud. These suspects set up shell companies and bank accounts to launder money obtained from various cyber fraud activities. Following a transaction of 2.6 crore through a suspicious bank account in Tiruvallur, the ED conducted searches and subsequently arrested the four individuals. They have been granted four-day custody by the Bengaluru court for ED cases. The investigation revealed that the group collaborated with Chinese scammers through a WhatsApp group to help launder money earned from cyber frauds using shell companies. Tamilarasan, along with Ajith, Prakash, and Aravindan, operated a syndicate to provide assistance such as arranging dummy directors, addresses, and documents for shell companies. These individuals liaised with bank staff to open accounts in which proceeds from cyber fraud were laundered. The agency froze an account with a deposit of 2.8 crore under the name of a shell company called Cyberforest Technology Private Limited in Bandhan Bank. This case involves the fraudulent act of deceiving a businessman in Jaipur amounting to 2.6 crore by scammers pretending to be officials of central government agencies. The Jaipur cybercrime police filed a case in early September, leading the ED to investigate further. Prior to this case, the ED had apprehended Shashi Kumar M, Sachin M, Kiran S K, and Charan Raj in August in Bengaluru. The agency has carried out 17 searches and confiscated evidence, including mobile phones, in connection to these cyber fraud activities.Electronic devices. Under the provisions of the Prevention of Money Laundering Act (PMLA), 2002, an investigation has uncovered proceeds exceeding 28 crore coming 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 the accused - Tamilarasan Kuppan, aged 29, Prakash, aged 26, Aravindan, aged 23, and Ajith, aged 28 - established shell companies and opened bank accounts to launder the illegal funds generated from various cyber fraud activities.

After conducting searches and investigating a suspicious 2.6 crore transaction through a bank account in Tiruvallur, the ED arrested these individuals. A Bengaluru court handling ED cases has granted the agency a four-day custody of the accused. The group was discovered to be part of a WhatsApp group comprising Chinese scammers, who directed them on how to launder money obtained from cyber fraud through shell companies. Tamilarasan, along with Ajith, Prakash, and Aravindan, managed a syndicate that facilitated cyber fraudsters by providing dummy directors, addresses, and falsified documents for shell companies. They liaised with bank officials to open accounts through which the illicit proceeds from cyber frauds were moved.

The agency froze a bank account with a balance of 2.8 crore under the name of a shell company named Cyberforest Technology Private Limited in Bandhan Bank. This case involves the scamming of a businessman in Jaipur for 2.6 crore by Chinese fraudsters posing as different central government agencies. The Jaipur cybercrime police filed a case in early September, which the ED pursued further, linking the transaction to Tiruvallur based on various FIRs filed by state police across the country. Previously, the ED had apprehended four individuals - Shashi Kumar M, Sachin M, Kiran S K, and Charan Raj - in Bengaluru in August.Up to now, a total of 17 searches have been carried out, resulting in the seizure of evidence such as mobile phones and other electronic devices. The ongoing investigation under the Prevention of Money Laundering Act (PMLA), 2002, has revealed illicit gains exceeding 28 crore rupees acquired from cyber scams.