The recent investigation into a money laundering operation in Mumbai and Pune has uncovered a network of individuals involved in illegal activities. The main suspect, Mahadev Katke, a used car dealer from Navi Mumbai, was found to be operating mule accounts. But he was not alone in this scheme.
Several others were also implicated in the investigation, including Masood Alam Siddique and Mohammad Afzal Salmani, both car dealers from Mumbai, and Tausaif Sayyed, a property broker. Additionally, Pranav Dalvi, a software professional, was responsible for transferring money to operatives in Hong Kong, while Danish Sathi, a bank staffer in Dubai, was the key link to Chinese cybercriminals.
These individuals managed a network of mule bank accounts, typically opened by relatives and acquaintances who were paid commissions for their involvement. The money obtained from victims was then channeled internationally using cryptocurrency.
DCP Crime Sandeep Doiphone and ACP Vishal Hire led the investigation, with Inspector Ravikiran Nale and other officers assisting in the case. The uncovering of this sophisticated network demonstrates the increasing collaboration between local criminals and global cybercriminals, emphasizing the need for heightened vigilance in combating such illegal activities.
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