Maharashtra Cyber Arrests 49-Year-Old Mumbai Man In ₹13.96 Crore RTGS Fraud; 187 Unauthorised Transactions Across 36 Banks
Maharashtra Cyber has arrested Mumbai resident Mehul Pravinchandra Simaria in an alleged Rs 13.96 crore RTGS fraud involving 187 unauthorised transactions across 36 banks. Investigators said Rs 2.1 crore was credited to his account before being transferred, withdrawn and converted into USDT cryptocurrency. The probe is examining possible compromise of the payment processing system.