Chennai: The Enforcement Directorate (ED) announced that they have arrested four individuals from Pallipattu town in Tiruvallur district for their involvement in cyber fraud. The accused, identified as Tamilarasan Kuppan, Prakash, Aravindan, and Ajith, allegedly set up shell companies and opened bank accounts to launder money obtained from various cyber fraud schemes. The ED conducted searches in Tiruvallur following a suspicious transaction of 2.6 crore through a bank account, leading to the arrest of the four suspects. A Bengaluru court granted the ED a four-day custody of the accused. The suspects were part of a WhatsApp group involving Chinese scammers, who directed them to assist in money laundering activities. Investigation revealed that the gang supported cyber fraudsters by creating fictitious directors, addresses, and documents for shell companies. The ED also froze an account containing 2.8 crore in the name of a shell company named Cyberforest Technology Private Limited in Bandhan Bank. The case involves the defrauding of a businessman in Jaipur by Chinese scammers impersonating government agencies, leading to the ED taking up the investigation. The agency had previously arrested four individuals in Bengaluru in connection with similar cyber fraud cases. ED has conducted 17 searches and seized evidence such as mobile phones during its investigations.Electronic devices. Investigation carried out under the Prevention of Money Laundering Act, 2002 has revealed proceeds exceeding 28 crore derived 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) announced that the accused individuals, Tamilarasan Kuppan, 29, Prakash, 26, Aravindan, 23, and Ajith, 28, established shell companies and bank accounts to launder money obtained through various cyber fraud schemes. The ED conducted searches in Tiruvallur related to a suspicious bank transaction of 2.6 crore before apprehending the four suspects, who have been granted four-day custody by the Bengaluru court dealing with ED cases. These individuals were part of a WhatsApp group facilitated by Chinese scammers, using shell companies to assist in laundering funds from cyber fraud activities. The ED froze an account holding 2.8 crore in the name of a shell company, Cyberforest Technology Private Limited, in Bandhan Bank. This case involves the swindling of a businessman in Jaipur for 2.6 crore by Chinese fraudsters impersonating government agencies. The ED's investigation is based on multiple FIRs filed by state police across the country, leading them to the transactions in Tiruvallur. In a separate case in August, the ED arrested Shashi Kumar M, Sachin M, Kiran S K, and Charan Raj in Bengaluru.Up to this point, there have been 17 searches conducted resulting in the seizure of incriminating material such as mobile phones and other digital devices. The investigation under the Prevention of Money Laundering Act (PMLA), 2002 has revealed proceeds of over 28 crore derived from cyber scams.