Indian Cyber Crime Coordination Centre (I4C) has issued a high-level alert against transnational organised cybercriminals using illegal payment gateways for money laundering. The alerts came following nationwide raids by Gujarat and Andhra Pradesh police, which uncovered illicit gateways created using mule bank accounts.
HYDERABAD: The Enforcement Directorate has carried out searches against Chinese-controlled lending apps in 16 locations, including Hyderabad, under the Prevention of Money Laundering Act, and seized funds worth Rs 46 crore parked in several payment gateways and banks. ED investigators raided payment gateways in Hyderabad, Bengaluru, Chennai, New Delhi, Pune, Gurugram, and other locations as part of an investigation into …
