India’s top intelligence agency arrested a suspected key conspirator in Operation Chakra-V accused of supplying fraudulently obtained SIM cards to cybercriminal networks. The CBI’s probe uncovered a POS agent-led logistics chain that allegedly procured roughly 10,000 illegally issued SIMs used to bypass identity checks and enable extortion, loan and investment frauds. #OperationChakraV #CBI
Keypoints
- A suspect was arrested in Guwahati for allegedly supplying fraudulently obtained SIM cards to cybercriminals.
- The Central Bureau of Investigation identified a network of POS agents issuing SIMs using fake or improperly verified customer identities.
- Investigators allege about 10,000 illegally issued SIM cards were procured through transfers totaling nearly ₹67 lakh.
- These SIMs enabled anonymous accounts, OTP interception, and scam call centers used for extortion, fake loans, and investment frauds.
- Authorities are shifting focus to dismantling enabling infrastructure like fraudulent SIM issuance and logistics chains to combat industrialized cyber fraud.
Read More: https://thecyberexpress.com/indian-agency-arrests-key-sim-card-supplier/