Bhiwandi Police Uncover Cyber Fraud Network With 8 Suspicious Bank Accounts

The Bhiwandi City Police have registered an FIR after discovering a network of suspicious bank accounts allegedly used to receive money from cyber fraud victims across the country.

On July 25, 2026, investigators found that at least eight Bank of Maharashtra accounts, all linked to a single address in Prabhu Ali Mandai, were used to route funds obtained through online investment scams and digital trading frauds.

The case is being investigated to trace the real beneficiaries and identify the larger cybercrime syndicate involved. The Bhiwandi City Police launched an investigation into an alleged cyber fraud racket after an analysis of complaints received through the National Cyber Crime Reporting Portal (NCRP) revealed suspicious financial transactions routed through multiple bank accounts linked to a single address in Prabhu Ali Mandai.

An FIR has been registered against unidentified account holders and their associates under relevant provisions of the Bharatiya Nyaya Sanhita (BNS) and the Information Technology Act.

According to the FIR, cybercriminals have been operating in an organised manner for the past several years by luring unsuspecting people with promises of high returns through share market investments, digital trading platforms, and other fake online investment schemes.

Victims were persuaded to transfer money into bank accounts controlled by the fraudsters. The funds were subsequently withdrawn through cheques, ATMs, or transferred to multiple accounts in an apparent attempt to conceal the money trail and make it difficult for investigators to identify the actual beneficiaries.

During the investigation, police found that eight separate bank accounts linked to House No. 193, Prabhu Ali Mandai, Bhiwandi, had received funds from victims in different cyber fraud cases. All the accounts were maintained at the Bank of Maharashtra branch with the same IFSC code.

The suspicious transactions identified include deposits of Rs 20,000, Rs 2 lakh, Rs 39,500, Rs 15,000, Rs 9,500, Rs 3,850, Rs 2,000, and Rs 48,000, each corresponding to complaints registered by victims from different parts of the country.

Investigators suspect these accounts functioned as 'mule accounts' used exclusively for receiving and routing the proceeds of cyber fraud.

The investigation expands as police officials said the accounts came under scrutiny after cyber fraud complaints registered on the National Cyber Crime Reporting Portal (NCRP) were analysed.

The financial trail prepared through the Indian Cyber Crime Coordination Centre (I4C) indicated that these bank accounts had repeatedly received disputed funds from victims of online financial fraud.

The investigation further revealed that complaints against these accounts have been registered from different states across India since January 1, 2025, indicating that they were part of an organised cybercrime network rather than isolated incidents.

This breakthrough in the case highlights the growing concern of cybercrime in the country and the need for increased vigilance and cooperation between law enforcement agencies to combat such crimes.

The Bhiwandi City Police's efforts to uncover the cyber fraud network and bring the perpetrators to justice are a significant step towards protecting citizens from online financial fraud and maintaining the integrity of the country's financial systems.

The case serves as a reminder for citizens to be cautious when engaging in online transactions and to report any suspicious activities to the authorities immediately.

In conclusion, the registration of the FIR and the ongoing investigation into the cyber fraud network are crucial steps towards combating cybercrime and protecting the citizens of India.

The Bhiwandi City Police's actions demonstrate their commitment to addressing the growing threat of cybercrime and ensuring that those responsible are held accountable for their actions.

As the investigation continues, it is essential for citizens to remain vigilant and report any suspicious activities to the authorities, helping to prevent further instances of cyber fraud and maintaining the safety and security of the country's financial systems.