Tamil Nadu Police Bust Multi-Crore Iridium Scam: 27 More Arrested in Statewide Operation

Oct 25, 2025 11:13 pm CST

Tamil Nadu's Crime Branch-CID has arrested 27 more individuals in connection with a widespread "Iridium scam" that defrauded victims using fake RBI credentials. The operation spanned 15 districts, targeting gangs who claimed to facilitate lucrative sales of the rare metal. Authorities have warned the public against schemes promising extraordinary returns through iridium sales.