Puducherry's Cyber Crime Police have uncovered a large-scale cyber-fraud network allegedly operated from inside an engineering college, turning it into what investigators call a "hotspot for cyber crime." The racket, linked to a Rs 90-crore scam, involved students selling bank accounts of friends and classmates to cyber-criminals who allegedly laundered the money through India before converting it into cryptocurrency via networks in Dubai and China. The case broke after two engineering students, Dinesh and Jayapratap, approached the police when their bank accounts were suddenly frozen. They had handed over their account details to their friend Harish - now an accused - who had allegedly collected details of over 20 bank accounts from students and members of the public. These were used as "mule accounts" to park scam proceeds. Investigators say at least Rs 7 crore was withdrawn through these accounts. Seven persons - including four engineering graduates - have ...
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