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<\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/div><\/div>\n<\/div>\nNew Delhi: An interstate syndicate that created shell companies using forged rent agreements and opened commercial bank accounts for cyber fraudsters in exchange for commissions has been busted, leading to the arrest of four mule-account operatives from Paharganj.The accused provided financial infrastructure to cybercriminal networks involved in investment scams, fake job frauds and digital arrest scams. Police said the syndicate recruited individuals to open bank accounts or establish shell firms and then used these accounts as mule accounts to receive, route and layer proceeds generated through cyber fraud<\/a>.The arrests were made following a raid at a hotel in Paharganj based on specific intelligence inputs. Investigators alleged that the network operated through a structured chain comprising interstate suppliers, local coordinators and end users.The four arrested accused have been identified as Sanjay (30), Kuldeep Goley (32), Nirdosh Bidlan (24) and Deepak Bishnoi (20).During interrogation, police found that the accused had allegedly floated shell partnership firms using fabricated rent agreements to obtain commercial current accounts. Banking kits, cheque books and other documents were then brought to Delhi and deployed for cybercrime operations.DCP (central) Rohit Rajbir said, \u201cLocal coordinators managed account handling, logistics and deployment of POS terminals, while fraud proceeds were routed through shell accounts and converted into seemingly legitimate business transactions using POS machines and merchant UPI QR infrastructure. Account holders received around 8 per cent commission on the money routed through their accounts, while agents earned an additional 2-4 per cent.“Technical analysis revealed that several seized accounts were linked to cyber fraud complaints registered in Karnataka, Maharashtra and other states. The accused have been remanded to judicial custody.<\/div>\n<\/div>\n