State vs 7 unidentified accused — Delhi bank account supply network

Timeline

1. 27 Oct 2026News

   Delhi Police uncover hawala and USDT links in Rs 3.93 crore cyber fraud case

   Investigations into the seven arrested individuals revealed that the gang siphoned Rs 3.93 crore from a victim's ICICI Bank account through 149 unauthorised transactions. Police are currently tracing links to mule accounts, foreign networks, and the conversion of proceeds into USDT via hawala channels.

   India Today

   Explanation in simple terms

   What:

   Police discovered that seven people allegedly stole money from a bank account using fake transfers and crypto conversions.

   Who:

   Seven arrested individuals are the accused, and the Delhi Police are the agency investigating the case.

   When:

   Reported on 27 Oct 2026.

   Where:

   Delhi.

   Why:

   The gang is accused of using bank accounts and illegal money transfer networks to move stolen funds.

   What it means:

   Police are now tracking international networks and account connections to further investigate how the money was moved.

2. 27 Oct 2026News

   7 held for supplying bank accounts to route ₹ 30cr fraud money

   Seven people, including an MBA graduate, have been arrested for allegedly setting up fake firms and supplying mule bank accounts to cyber fraudsters to route over ₹30 crore in proceeds of online fraud, Delhi Police said on Monday | Latest News Delhi

   Hindustan Times

   Explanation in simple terms

   What:

   Seven people were arrested for allegedly setting up fake companies and providing bank accounts to cyber criminals.

   Who:

   Seven people including an MBA graduate are the accused, and Delhi Police is the agency that made the arrests.

   When:

   Reported on 27 Oct 2026.

   Where:

   Delhi.

   Why:

   They are accused of helping route money stolen through online fraud.

   What it means:

   The police now have the seven accused in custody as part of their investigation into the fraud.