In Chennai, the Enforcement Directorate (ED) arrested four young individuals from Pallipattu town in Tiruvallur district for their involvement in cyber fraud. The accused individuals, Tamilarasan Kuppan (29), Prakash (26), Aravindan (23), and Ajith (28), set up shell companies and opened bank accounts to launder money obtained from various cyber fraud activities. Following a raid in Tiruvallur related to a suspicious bank account transaction of 2.6 crore, the suspects were apprehended. The Bengaluru court granted the ED four-day custody of the accused. The group collaborated with Chinese scammers through a WhatsApp group to assist in money laundering through shell companies. Tamilarasan, along with Ajith, Prakash, and Aravindan, facilitated cyber fraudsters by providing dummy directors, addresses, and documentation for shell companies. They also interacted with banks to open accounts for laundering the illegal funds. The agency identified and froze an account containing 2.8 crore in a shell company named Cyberforest Technology Private Limited in Bandhan Bank. This case involves cheating a Jaipur businessman of 2.6 crore by Chinese fraudsters impersonating central government agencies. The Jaipur cybercrime police initiated a case in early September, which was taken over by the ED based on multiple FIRs from various state police forces across the country. In a separate incident in August, the ED arrested Shashi Kumar M, Sachin M, Kiran S K, and Charan Raj in Bengaluru. The agency conducted 17 searches and seized various incriminating materials, including mobile phones and digital devices.Digital devices. Examination under PMLA, 2002 has, to date, tracked funds exceeding 28 crore sourced from online fraudulent activities. Chennai: One day after apprehending four individuals from Pallipattu town in Tiruvallur district for their participation in cyber scams, the Enforcement Directorate (ED) announced on Saturday that the suspects - Tamilarasan Kuppan, 29, Prakash, 26, Aravindan, 23, and Ajith, 28 - established dummy corporations and established bank accounts to launder the illicit proceeds from various cyber scams. Following a probe into a suspicious bank account transaction amounting to 2.6 crore in Tiruvallur, ED conducted raids before arresting the quartet. A Bengaluru court specializing in ED cases assigned a four-day custody of the suspects to the investigation bureau. Members of a WhatsApp group, which included Chinese scammers. They collaborated to help launder money earned from cyber scams through shell companies. "Tamilarasan, alongside Ajith, Prakash, and Aravindan, managed a syndicate to support cyber fraudsters in setting up dummy directors, addresses, and paperwork for shell corporations. They communicated with banking personnel to create accounts through which the proceeds from cyber scams were laundered," a source revealed. The bureau froze an account holding 2.8 crore under the name of a shell company named Cyberforest Technology Private Limited at Bandhan Bank. This incident relates to the deception of a businessman in Jaipur amounting to 2.6 crore by imposters posing as various central government agencies. The Jaipur cybercrime unit filed a lawsuit in early September. ED initiated an inquiry following numerous FIRs filed by state police departments nationwide and traced the transaction back to Tiruvallur. Previously, ED detained four individuals - Shashi Kumar M, Sachin M, Kiran SK, and Charan Raj - in August in Bengaluru.Up to this point, there have been 17 searches carried out and incriminating materials like mobile phones and other digital devices have been seized. The current investigation under the Prevention of Money Laundering Act (PMLA) has revealed proceeds exceeding 28 crore from cyber scams.