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India's CBI Cracks Crypto Scam, Seizes $327,000 in Fraud Raid
Last Updated: June 11, 2025
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Key Takeaways
- A New Delhi man was arrested and about $327,000 in crypto was seized in a scam targeting US and Canadian victims;
- The fraud used fake caller ID tools, personal data software, and voice recordings to impersonate officials;
- The raids were part of Chakra-V, a joint effort by Indian and global agencies to combat international cybercrime.
India’s top investigative agency has arrested a man in New Delhi and seized around ₹2.8 crore (about $327,000) in cryptocurrency.
According to a June 11 press release by the Central Bureau of Investigation (CBI), the arrest took place during searches at three locations on June 10, all of which were linked to an online fraud ring targeting individuals in the US and Canada.
The suspect, Rahul Arora, is accused of helping run a scam that tricked people by pretending to be government or tech support workers.
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During the raids, officials found tools used to fake caller ID, devices meant for international calls, software for collecting personal information, and recordings of phone conversations. The team also recovered ₹22 lakh (about $26,400) in cash that had not been declared.
The CBI stated in a press note that these searches were based on solid leads and that they had discovered evidence of a group involved in cyber fraud across countries.
The raids were part of a campaign called Chakra-V, which brings together Indian state cyber units, the Indian Cyber Crime Coordination Centre (I4C), and international groups like Interpol and the FBI. The campaign focuses on finding digital clues, blocking illegal use of cryptocurrencies, and monitoring criminal activity on the dark web.
Officials said they have also made arrangements to store and manage the seized crypto in line with Indian laws. The rules require the assets to be handled while the legal process continues.
On June 9, authorities in Queensland, Australia, arrested four suspects linked to a crypto-related laundering scheme. How did the case unfold? Read the full story.
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