Delhi Police Busts International Cyber Fraud Syndicate
Analysis based on 19 articles · First reported Apr 05, 2026 · Last updated Apr 12, 2026
The bust of this international cyber fraud syndicate by the India===Delhi Police is a positive development for market participants, as it reduces the risk of investment scams and enhances trust in financial systems. The recovery of funds and arrests of key individuals like Karan Kajaria demonstrate effective law enforcement against financial crime.
The India===Delhi Police has successfully busted a major international cyber fraud syndicate, arresting its alleged mastermind, Karan Kajaria, and 10 others. The syndicate, linked to over 2,500 complaints and scams worth over Rs 300 crore, operated across multiple states in India with ties to international networks, particularly in Cambodia. Karan Kajaria, the main coordinator, was apprehended at India===Kolkata airport after a Look Out Circular was issued. The syndicate lured victims into fake investment schemes using malicious applications and messaging groups, routing funds through a complex web of mule bank accounts and shell companies. Karan Kajaria also facilitated fund movement via cryptocurrency channels and maintained direct links with foreign operators. The investigation led to the recovery of numerous mobile phones, SIM cards, laptops, and banking documents, with Rs 19 lakh in funds frozen. This operation highlights the ongoing efforts by the India===Delhi Police to combat sophisticated cyber financial crimes.
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