CBI Busts Mega Cyber Scam: CBI busts cyber fraud worth ₹1,000 crore involving 4 foreigners and 111 shell companies. Thousands of people were duped by loan apps, fake investments and job scams. Up to ₹152 crore was transferred to one account.
New Delhi. In today’s era, one message on mobile phone, one app or an attractive job offer can wipe out your entire savings. Something similar happened with thousands of people across the country, but now the CBI cyber fraud investigation has exposed this dangerous network. CBI has unearthed an international cyber fraud of around ₹1,000 crore involving 4 foreign nationals and 111 shell companies, which has exposed the truth of the digital world.
Were loan apps really helpful or a tool of fraud?
CBI investigation has revealed that this entire network used to trap people through fake loan apps, false investment schemes, part-time job offers and fraudulent online gaming platforms. People were shown the dream of easy loans, quick profits and earning from home, but in reality their bank accounts were emptied.
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How did different complaints get linked to the same network?
Initially the complaints coming from different parts of the country seemed different. But when the fund trail, mobile apps, payment gateways and digital footprint were analyzed, it was revealed that all were linked to the same international cyber fraud network. From here the CBI suspected a big organized crime.
111 Why were shell companies created?
Investigation revealed that 111 shell companies were the backbone of this fraud. These companies were set up with fake directors, fake documents, fake addresses and false business objectives. Bank accounts and payment gateways were opened in their names, so that the identity of the real criminals remains hidden.
How did ₹152 crore reach one account?
The most shocking revelation for CBI was that transactions worth more than ₹ 1,000 crore were done through hundreds of bank accounts. Out of these, ₹152 crore was transferred to a single bank account in a short time, making it clear that this was not a simple fraud but a completely planned cyber crime.
Who was running India’s cyber fraud from abroad?
Forensic investigation revealed that the operational control of this entire network was being done from abroad. UPI ID of two Indian accused was found active from foreign location till August 2025. The foreign handlers identified by the CBI include Xue Yi, Huan Liu, Weijian Liu and Guanhua Wang, who were allegedly setting up shell companies in India since 2020.
Why is Operation Chakra-V so important?
This action of CBI has been taken under Operation Chakra-V, the objective of which is to curb international cyber economic crimes. So far, charge sheets have been filed against 17 people, 27 places have been raided and a huge amount of digital evidence has been seized. This is a warning of how dangerous it can be to blindly trust online loans, investments and job offers. This action of CBI is not only the revelation of cyber fraud worth ₹1,000 crore, but also the true picture of the dangers hidden in the digital world.