The Central Bureau of Investigation has busted a major cybercrime network accused of defrauding US citizens of more than ₹350 crore. Three people have been arrested in connection with the case, while further investigations are underway to identify others involved.

According to officials, the accused posed as representatives of multinational companies and government agencies to trick victims into sharing personal and financial information. The gang allegedly ran call centres that targeted individuals in the US, threatening them with penalties or offering fake technical support services.

The money collected from the victims was routed through multiple channels before being transferred abroad. Investigators revealed that the gang used cryptocurrency and shell companies to conceal the flow of funds.

The arrests came after a coordinated operation involving raids at several locations. The CBI has seized digital devices, documents, and bank records that are expected to provide more details about the network’s operations.

Authorities said efforts are being made to trace other members of the syndicate and recover the defrauded money. The case highlights the growing challenge of cross-border cybercrime and the need for stronger international cooperation.