<ul><li>Two men, an MBA graduate and a software engineer, operated a cyber fraud scheme from a one-bedroom house in Bengaluru, India.</li><li>They defrauded 84 accounts of ₹854 crore by luring victims through WhatsApp and Telegram, promising daily returns on investments ranging from ₹1,000 to 10,000.</li><li>The fraudsters transferred the stolen money to various platforms, including gaming apps, cryptocurrency, payment gateways, and online casinos.</li><li>The main operators behind this network were suspected to be based in Dubai, and the Bengaluru Cyber Crime police arrested the perpetrators, including Manoj Sreenivas and Phanindra K, along with four others in September.</li></ul>

A 33-YO MBA grad and a 36-YO software engineer ran Rs 854 Cr cyber fraud from a 1BHK in Bengaluru

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