In the same sequence, under ‘Operation Matrix 2.0’, Neemuch Police has taken major action and exposed an inter-state gang which was cheating the common people by giving tips in share trading and luring them with higher profits.

Giving information on Wednesday, the Police Headquarters said that the police arrested 04 accused in the case and seized 62 ATM cards of various banks, 09 passbooks, 08 checkbooks, 08 mobile phones, 01 laptop, 01 MacBook, 01 ATM swap machine, 01 Hyundai Aura vehicle and ₹ 51,500 in cash from their possession.

This action was taken by the joint police team of Neemuch City Police Station and Cyber ​​Cell under the direction of Neemuch Superintendent of Police Rajesh Vyas.

Action based on data of suspicious mule accounts received from I4C

It was informed that the data to suspicious mule bank accounts and ATM withdrawals obtained from the National Cyber ​​Crime Reporting Portal by the Indian Cyber ​​Crime Coordination Center (I4C) under the Ministry of Home Affairs, Government of India, has been made available to the states for necessary statutory action.

On the basis of this data, Madhya Pradesh Police is taking action by identifying the holders of such bank accounts and the persons associated with them.

On the basis of technical information received and informer information, Neemuch Police analyzed the location of ATM withdrawals to various bank accounts. During the action, suspicious persons from around the bank and ATM booth were taken into custody and interrogated.

On the basis of investigation and available evidence, it emerged that the persons associated with the gang used to provide the kit of bank accounts of themselves and others—which included ATM cards, passbooks and checkbooks—to another accused.

These accounts were being used to transfer and withdraw funds obtained through cyber fraud. Taking further action by the police, other members of the gang were also taken into custody.

Used to make victims through fake websites and social media

Investigation revealed that the accused created a fake website with the name ‘moneygro.live’ and contacted people through social media platforms and phone calls.

Victims were induced to invest money on the pretext of giving better tips in share market trading and getting more profits in less time. The funds were then transferred from the victims to Mule bank accounts provided by the gang.

The case is being registered under the IT Act in Neemuch City police station and is being investigated. Detailed investigation is also going on in relation to the seized ATM cards, passbooks and checkbooks of various bank accounts.