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SATTHUPALLI : The Cyber Security Bureau (CSB) is continuing its investigation into high-profile cybercrime and other financial offences.
Summary
As part of the probe, CSB officials from Hyderabad, led by Deputy Superintendent of Police KVM Prasad, searched the homes of two accused in Sathupalli town and Rajugudem village in Vemsuru mandal of Khammam district on Friday, […]SATTHUPALLI : The Cyber Security Bureau (CSB) is continuing its investigation into high-profile cybercrime and other financial offences. As part of the probe, CSB officials from Hyderabad, led by Deputy Superintendent of Police KVM Prasad, searched the homes of two accused in Sathupalli town and Rajugudem village in Vemsuru mandal of Khammam district on Friday, with assistance from local police. The officials searched the homes of Boppana Nagaprasad, a resident of Sathupalli, and Meda Sathish, from Rajugudem.
Both had been arrested in connection with cybercrime cases. According to reports, they had left their homes before the CSB team arrived. Mercedes-Benz car and electronic devices seized During the search at Nagaprasad's house in Sathupalli, officials reportedly seized a Mercedes-Benz car, six mobile phones, two laptops and property registration documents.
The team also searched Sathish's house in Rajugudem and reportedly seized property documents. Probe reveals transactions exceeding ₹1,000 crore Two cases relating to alleged cybercrime and other financial irregularities were registered at V M Banjara and Sathupalli police stations from January onwards. Investigations into the cases uncovered financial transactions and alleged fraud involving more than ₹1,000 crore by several accused from the Sathupalli region.
Police found that the accused allegedly worked with international cybercriminals and operated call centres in Australia, Cambodia and other countries. They allegedly used these operations to defraud people in India and other countries. The proceeds were reportedly routed through mule bank accounts before being diverted for personal gain.
Police arrested 55 people in connection with the two cases. Nagaprasad and Sathish were among those arrested. Khammam Police Commissioner had earlier stated that transactions worth ₹135.48 crore had taken place through Sathish's bank account.
KazaSec's take
Stories like this are part of why proactive security testing exists, finding the gap before someone else does is always cheaper than responding after the fact.
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