Varanasi police arrest 4 men in alleged ₹116.86cr cyber scam
Varanasi police just busted a massive cyber scam: four men were arrested for allegedly swindling approximately ₹116.86 crore.
The group, including Nitish Kumar Pandey, Dushyant Singh, Himanshu Jha, and Mohd Rehan, pulled off their scheme using 41 bank accounts and left a trail of 143 complaints on the National Cybercrime Reporting Portal.
Accused used XePay to intercept OTPs
The accused got firms registered in the names of these people and opened bank accounts in the names of the firms and promised commissions to lure people in.
They grabbed bank details and used an app called XePay to intercept OTPs via SMS forwarding. After that, they ran investment and betting scams.
Police seized phones, checkbooks, debit cards, and other evidence, and are still searching for two more suspects involved.