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ED busts 640 crore cyber fraud racket run by CAs & CSs

The Enforcement Directorate busted a cyber fraud syndicate in Delhi-NCR involving chartered accountants, company secretaries, and crypto traders. The group laundered over Rs 640 crore through online betting, gambling, and phishing scams, using thousands of mule accounts and a UAE-based payment platform. Three individuals were arrested, and cash, cryptocurrency, and financial documents were seized during raids.

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