CBI Uncovers Massive Rs 1,000 Crore International Cyber Fraud Network Operating Through 111 Shell Companies

Dec 14, 2025 01:58 pm CST

The Central Bureau of Investigation has dismantled a sophisticated international cyber fraud operation involving four foreign nationals and 111 shell companies that defrauded thousands across India through fake loan applications, bogus investment schemes, and fraudulent job offers. The network, which processed over Rs 1,000 crore through hundreds of bank accounts, was uncovered during Operation CHAKRA-V targeting organized cybercrime.