Updated On: 22 August, 2025 05:21 PM IST | Mumbai | mid-day online correspondent
Mumbai Police have busted a cyber fraud racket worth Rs 60.82 crore, arresting 12 people, including a couple, for duping victims nationwide. The gang used 943 bank accounts and multiple SIM cards to carry out frauds involving digital arrests, online shopping and share trading.

Representational Image. File Pic
In a major action against growing cyber fraud cases in city, Mumbai Police have busted a cyber fraud racket and arrested 12 persons, including a couple who allegedly duped people in different parts of the country to the tune of Rs 60.82 crore, an official said on Friday.
As reported by news agency PTI, of the accused who were apprehended recently, five of them had allegedly sold their bank accounts and SIM cards, which were used for cyber fraud, the official said.
The Deputy Commissioner of Police (Detection), Raj Tilak Roshan, while addressing the incident, said, “The arrests were made following the Mumbai Crime Branch`s raid at an office in the western suburb of Kandivali on August 12, in which officials seized SIM cards and bank passbooks.”