<ul><li>The Enforcement Directorate has filed a fresh chargesheet in a case of cyber fraud against a UAE-based payment platform and its operators.</li><li>The payment platform, known as PYYPL, engaged in cybercrimes such as investment frauds, illegal betting, and part-time job frauds.</li><li>The ED has arrested eight individuals who were involved in the cyber-fraud operation, which defrauded hundreds of victims and amounted to approximately Rs 300 crore.</li><li>An organised criminal syndicate, operating under various names, conspired to cheat the Indian public, launder the defrauded money through mule bank accounts, and convert it into cryptocurrency.</li></ul>

ED Files Chargesheet Against UAE-Based Payment Platform, Its Operators For Cyber Fraud

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