Chennai: Following the arrest of four individuals from Pallipattu town in Tiruvallur district for their involvement in cyber fraud, the Enforcement Directorate (ED) revealed that the accused, Tamilarasan Kuppan, Prakash, Aravindan, and Ajith, established shell companies and opened bank accounts to legalize the proceeds from cyber crimes. ED conducted searches in Tiruvallur and made the arrests after tracing a suspicious transaction of 2.6 crore. The accused have been granted four-day custody by the Bengaluru court handling ED cases. The group collaborated with Chinese scammers through a WhatsApp group to aid in money laundering. They assisted fraudsters by setting up shell companies and arranging fake directors and addresses for bank transactions. The agency froze an account with 2.8 crore deposited in a shell company named Cyberforest Technology Private Limited. This case involves the scamming of a businessman in Jaipur by posing as central government agencies. ED took on the investigation based on FIRs filed by various state police across the country, leading them to Tiruvallur. Prior arrests were made in Bengaluru involving similar fraudulent activities. The agency has conducted 17 searches and seized incriminating evidence, including mobile phones and digital devices.Electronic devices. An investigation conducted under the Prevention of Money Laundering Act, 2002 has uncovered proceeds exceeding 28 crore that were generated from cyber scams. In Chennai, a group of four individuals from Pallipattu town in Tiruvallur district have been arrested by the Enforcement Directorate (ED) for their involvement in cyber fraud. The accused, Tamilarasan Kuppan, 29, Prakash, 26, Aravindan, 23, and Ajith, 28, set up shell companies and opened bank accounts to process the illicitly generated funds from various cyber fraud activities. Following searches in Tiruvallur on the basis of a suspicious bank account transaction of 2.6 crore, the ED apprehended these individuals. The Bengaluru court handling ED cases has granted the investigation agency custody of the accused for four days. The group collaborated with Chinese scammers through a WhatsApp group, aiding in the laundering of money acquired from cyber frauds. Specifically, Tamilarasan, along with Ajith, Prakash, and Aravindan, managed a network that provided support to cyber fraudsters by setting up dummy directors, addresses, and documentation for shell companies. They liaised with bank officials to establish accounts through which the ill-gotten gains could be laundered. An account with a deposit of 2.8 crore under the name of a shell company named Cyberforest Technology Private Limited in Bandhan Bank was frozen by the agency. This case involves the defrauding of a businessman in Jaipur to the amount of 2.6 crore by Chinese fraudsters posing as various government agencies. The Jaipur cybercrime police filed a case in early September. In light of multiple FIRs filed by state police forces nationwide, the ED took up the case and traced the transactions to Tiruvallur. In a previous incident, the ED had arrested Shashi Kumar M, Sachin M, Kiran S K, and Charan Raj in August in Bengaluru.At present, 17 searches have been carried out, resulting in the seizure of evidence such as mobile phones and digital devices. The ongoing investigation under the PMLA, 2002 has uncovered illicit profits exceeding 28 crore rupees derived from cyber scams.