Cyber Fraud / Commissionerate Police Nab Three from Bihar in Rs 20 Crore Cyber Fraud Network Case
·6 months ago·2 min read
Key Points
- Commissionerate Police arrests three more from Bihar in a major Bhubaneswar-based cyber fraud syndicate.
- The network allegedly cheated victims of over Rs 20 crore nationwide from a Tankapani Road office for seven years.
- Total arrests in the case now stand at 15; investigation ongoing to trace more suspects and financial trails.
Bhubaneswar, Jan 12: The Commissionerate Police on Monday arrested three more accused in connection with a major cyber fraud syndicate operating out of the Odisha capital, taking the total number of arrests in the case to 15.
Police said the latest three accused are residents of Bihar. They were produced before a court after questioning and have been remanded as part of the ongoing investigation being led by the Badagada police station.
Network Operated for Seven Years from City Office
According to a source from the police, the cyber syndicate had been operating for nearly seven years by running an office on Tankapani Road in Bhubaneswar. Police said the accused allegedly targeted victims across multiple states, cheating people of more than Rs 20 crore nationwide.
Earlier, police had arrested 12 persons in the same case, following raids at multiple locations. With the fresh arrests, the scope of the racket has widened, and further questioning is underway to identify additional suspects and financial channels linked to the fraud.
Cybercrime on the Rise Nationwide
The crackdown comes amid a sharp rise in cybercrime cases across India. Cybersecurity incidents increased from 10.29 lakh cases in 2022 to 22.68 lakh cases in 2024, reflecting the growing scale and sophistication of digital crimes.
The financial impact is also mounting. As of February 28, 2025, cyber fraud losses worth Rs 36.45 lakh have been reported on the National Cyber Crime Reporting Portal (NCRP).
Emerging Threats and Government Response
Investigators say fraudsters are increasingly using techniques such as spoofing, phishing and AI-generated deepfakes. Misuse of Unified Payments Interface (UPI) accounts through compromised mobile numbers has also been reported. To address this, the Department of Telecommunications has introduced the Financial Fraud Risk Indicator to classify suspicious numbers.
In response, the Union Budget 2025 allocated Rs 782 crore for cybersecurity initiatives. Through the Citizen Financial Cyber Fraud Reporting and Management System, banks have prevented losses worth more than Rs 5,489 crore across 17.82 lakh complaints.
Also Read: Inter-State Cyber Fraud Gang Busted; Seven Arrested in Cuttack, Including Four Bank Employees
Authorities have urged citizens to report cyber offences via www.cybercrime.gov.in or call the 1930 helpline for immediate assistance.
Police said the latest three accused are residents of Bihar. They were produced before a court after questioning and have been remanded as part of the ongoing investigation being led by the Badagada police station.
Network Operated for Seven Years from City Office
According to a source from the police, the cyber syndicate had been operating for nearly seven years by running an office on Tankapani Road in Bhubaneswar. Police said the accused allegedly targeted victims across multiple states, cheating people of more than Rs 20 crore nationwide.
Earlier, police had arrested 12 persons in the same case, following raids at multiple locations. With the fresh arrests, the scope of the racket has widened, and further questioning is underway to identify additional suspects and financial channels linked to the fraud.
Cybercrime on the Rise Nationwide
The crackdown comes amid a sharp rise in cybercrime cases across India. Cybersecurity incidents increased from 10.29 lakh cases in 2022 to 22.68 lakh cases in 2024, reflecting the growing scale and sophistication of digital crimes.
The financial impact is also mounting. As of February 28, 2025, cyber fraud losses worth Rs 36.45 lakh have been reported on the National Cyber Crime Reporting Portal (NCRP).
Emerging Threats and Government Response
Investigators say fraudsters are increasingly using techniques such as spoofing, phishing and AI-generated deepfakes. Misuse of Unified Payments Interface (UPI) accounts through compromised mobile numbers has also been reported. To address this, the Department of Telecommunications has introduced the Financial Fraud Risk Indicator to classify suspicious numbers.
In response, the Union Budget 2025 allocated Rs 782 crore for cybersecurity initiatives. Through the Citizen Financial Cyber Fraud Reporting and Management System, banks have prevented losses worth more than Rs 5,489 crore across 17.82 lakh complaints.
Also Read: Inter-State Cyber Fraud Gang Busted; Seven Arrested in Cuttack, Including Four Bank Employees
Authorities have urged citizens to report cyber offences via www.cybercrime.gov.in or call the 1930 helpline for immediate assistance.
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