CBI chargesheets 4 Chinese behind ₹1,000 cr cyber crime racket; 111 shell companies unmasked

New Delhi, The CBI has filed a chargesheet against 17 people, including four Chinese nationals, and 58 companies for their alleged roles in a transnational cyber fraud network that siphoned off over ₹ 1,000 crore through a sprawling web of shell entities and digital scams, officials said on Sunday.

After busting the racket in October, investigators unravelled a single, tightly coordinated syndicate that relied on an elaborate digital and financial infrastructure to run a range of frauds. These included misleading loan applications, fake investment schemes, Ponzi and multi-level marketing models, bogus part-time job offers and fraudulent online gaming platforms.

According to the probe agency's

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