A gang of six arrested for extorting money by posing as CBI officers might have targeted many more businessmen, said police who recently came across a victim from Goregaon and coaxed him to file a complaint. The police said the fake CBI officers got into the extortion business during the 2016 demonetisation when black money hoarders were desperate to convert their unaccounted cash into white by paying a commission of 30 per cent to 40 per cent. While the gang made crores of rupees, many victims chose not to speak up.

The Goregaon cops, who arrested the alleged extortionists, said the gang quietly collected the details of people who held black money and “raided” them posing as CBI officers. The same set of people faces a similar case registered in Bangalore, said a police source. The six have been identified as Girish Walecha, Mangal Patel, Nazir alias Sunil, Jeeva Aher, Nasir Khan alias Dr Yadav and Kishor Chaubal. The gang members used a different identity every time they target a victim, said the police.