After detaining four individuals from Pallipattu town in Tiruvallur district for their involvement in cyber fraud, the Enforcement Directorate (ED) stated that the accused Tamilarasan Kuppan (29), Prakash (26), Aravindan (23), and Ajith (28) established sham companies and set up bank accounts to launder money obtained from cyber fraud activities. During a recent operation in Tiruvallur, the ED team uncovered a suspicious transaction of 2.6 crore through a bank account, leading to the arrest of the four suspects. Following a court approval in Bengaluru, the accused are now in the custody of the investigation agency for four days.

According to the findings, the group collaborated with Chinese scammers via a WhatsApp group to help them launder money acquired through cyber fraud by using shell companies. Tamilarasan, along with Ajith, Prakash, and Aravindan, formed a syndicate to provide assistance to cyber fraudsters in setting up dummy directors, addresses, and documents for shell companies. They also engaged with bank officials to create accounts through which illegally obtained funds from cyber crimes were laundered. An account under the name of Cyberforest Technology Private Limited in Bandhan Bank, holding 2.8 crore, was frozen by the agency in connection with this case.

The incident reportedly involves a scam where Chinese fraudsters impersonating government agencies defrauded a businessman in Jaipur of 2.6 crore. Following this case, the ED initiated an investigation based on multiple FIRs from various state police departments nationwide, eventually tracing the illicit transaction to Tiruvallur. Prior to this, the ED had apprehended Shashi Kumar M, Sachin M, Kiran S K, and Charan Raj in August in Bengaluru. Across 17 search operations, the agency has seized significant evidence such as mobile phones and other digital materials.Electronic devices. An investigation under the Prevention of Money Laundering Act, 2002 has identified proceeds of over 28 crore rupees derived from cyber scams. In Chennai, the Enforcement Directorate (ED) arrested four individuals from Pallipattu town in Tiruvallur district for their involvement in cyber fraud. The accused, Tamilarasan Kuppan, aged 29, Prakash, 26, Aravindan, 23, and Ajith, 28, established shell companies and set up bank accounts to launder the illegal earnings from various cyber fraud activities. Following a search related to a suspicious 2.6 crore rupee transaction through a bank account, the ED apprehended the four men in Tiruvallur. The Bengaluru court that handles ED cases has granted custody of the suspects to the investigative agency for four days.

The group was linked to a WhatsApp group that included Chinese scammers, who directed them to aid in laundering proceeds earned from cyber fraud through shell companies. Tamilarasan, along with Ajith, Prakash, and Aravindan, operated a network to support cyber fraudsters by facilitating dummy directors, addresses, and documentation for shell companies. They coordinated with bank staff to open accounts for laundering the ill-gotten gains from cyber fraud activities. An account containing a deposit of 2.8 crore rupees in the name of a shell company named Cyberforest Technology Private Limited at Bandhan Bank was frozen by the agency. This case is related to a scam where Chinese fraudsters pretended to be from various central government agencies to cheat a businessman in Jaipur of 2.6 crore rupees, leading to a case being registered by Jaipur cybercrime police in early September. The ED became involved in the investigation after several FIRs were filed by state police forces across the country, ultimately tracing the transactions to Tiruvallur. Previously, the ED had arrested Shashi Kumar M, Sachin M, Kiran S K, and Charan Raj in August in Bengaluru in connection with a related case.Up to now, 17 searches have been carried out, resulting in the seizure of damning evidence such as mobile phones and other digital devices. The ongoing investigation under the Prevention of Money Laundering Act, 2002 has revealed illicit gains exceeding 28 crore derived from cyber scams.