Articles for tag: cryptocurrency fraud, cyber security, Digital Currency, financial crime, Hyderabad, Police Arrests, Telangana

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Hyderabad Police Arrest 21 for Converting Stolen Money into Cryptocurrency in Major Money Laundering Crackdown

In Hyderabad, the Telangana Cyber Security Bureau has arrested 21 individuals involved in a cybercrime scheme that aimed to convert stolen money into cryptocurrency. The suspects were part of a network that withdrew around 8.2 crore rupees from victims’ accounts using fraudulent methods before transferring the funds into cryptocurrency wallets linked to Dubai. Out of ...

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