The Central Bureau of Investigation (CBI) has dismantled a large, well-organised transnational cyber fraud network and filed a chargesheet against 17 accused persons — including four foreign nationals — and 58 companies, officials said on Sunday.

The action follows an extensive probe that uncovered a sophisticated digital and financial ecosystem allegedly used to cheat thousands of citizens across multiple Indian states through a range of online frauds.

According to a CBI press release issued on December 14, the accused were involved in operating misleading loan applications, fake investment schemes, Ponzi and multi-level marketing (MLM) models, fraudulent part-time job offers, and bogus online gaming platforms.

The agency said the investigation revealed how a single, coordinated syndic

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