In Chennai, the Enforcement Directorate (ED) announced on Saturday that four individuals from Pallipattu town in Tiruvallur district have been arrested for their involvement in cyber fraud. The accused individuals, Tamilarasan Kuppan (29), Prakash (26), Aravindan (23), and Ajith (28), were found to have established shell companies and opened 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 apprehended the four men. The Bengaluru court overseeing ED cases has granted the agency four-day custody of the accused. The group was affiliated with a WhatsApp group containing Chinese scammers, who directed them to facilitate money laundering for the proceeds of cyber frauds through shell companies. Tamilarasan, along with Ajith, Prakash, and Aravindan, managed a network to provide support to cyber fraudsters by setting up fictitious directors, addresses, and documents for shell companies. They worked with bank personnel to open accounts used for laundering money earned from cyber fraud activities. The agency also froze an account containing 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 defrauding of a businessman in Jaipur for 2.6 crore by Chinese fraudsters impersonating various central government agencies. The Jaipur cybercrime police initiated a case in early September, which ED took over as part of its investigation into multiple cyber fraud cases reported across the country. In a previous operation in August, ED arrested four individuals in Bengaluru, seizing incriminating evidence such as mobile phones and digital devices during 17 searches conducted so far.Electronic devices. Investigation under the Prevention of Money Laundering Act, 2002 has uncovered proceeds exceeding 28 crore obtained from cyber scams. Following the arrest of four individuals in Pallipattu town, Tiruvallur district for their involvement in cyber fraud, the Enforcement Directorate (ED) disclosed that the accused, Tamilarasan Kuppan, Prakash, Aravindan, and Ajith, established shell companies and opened bank accounts to launder illicit funds gained from various cyber scams.

After conducting searches in Tiruvallur related to a suspicious 2.6 crore transaction through a bank account, the four men were apprehended. The Bengaluru court handling ED cases has granted the agency custody of the accused for four days.

The group collaborated with Chinese scammers within a WhatsApp group to facilitate money laundering for cyber fraud operations through shell companies. By providing false directors and documentation, they aided in laundering funds accumulated from cyber scams. An account containing 2.8 crore under Cyberforest Technology Private Limited in Bandhan Bank was frozen by the agency. This case involves the fraudulent theft of 2.6 crore from a businessman in Jaipur by imposters posing as government agencies. The ED initiated the investigation based on multiple FIRs registered nationwide, tracking the illicit funds to Tiruvallur. Previous arrests were made in Bengaluru involving Shashi Kumar M, Sachin M, Kiran S K, and Charan Raj.Up to now, a total of 17 searches have been carried out, resulting in the seizure of evidence such as mobile phones and other digital devices. The investigation under the Prevention of Money Laundering Act, 2002 has identified proceeds exceeding 28 crore rupees derived from cyber scams.