₹8.46cr seized in fake e-commerce app scam
The Enforcement Directorate (ED) has frozen ₹8.46 crore across 92 bank accounts tied to a massive cyber scam using fake e-commerce and money-making apps like NBC App, Power Bank App, HPZ Token, RCC App, and Making App.
These apps promised easy cash for simple online tasks and lured people in through WhatsApp, Telegram, and mass texts.
Victims saw small returns at first but were soon blocked from withdrawing money and pushed to pay extra fees—then the apps vanished with their investments.
How the scam worked—and where the money went
ED found that around ₹285 crore was moved through over 30 main bank accounts before being split into 80 more accounts.
Part of this cash was quickly turned into cryptocurrency (mostly USDT) on platforms like Binance and WazirX using anonymous accounts.
Some of the stolen funds even traveled through hawala networks, showing just how complex these digital scams can get.
The ED continues to trace the funds involved in this web of cyber fraud.