🚨 Exposing a ₹100 Crore International Cyber Scam

This is Ketan Raikwar – Cybersecurity Researcher & Content Creator

Hello everyone,
I’m Ketan Raikwar, a cyber researcher and content creator. Today, I’m going to expose a disturbing reality — a massive ongoing cyber fraud operation that’s robbing innocent people in India, and yet, no serious action is being taken.

India is Losing Crores to Cyber Fraud Daily — And No One’s Stopping It

Every day, international scammers are earning more than 5 crore rupees.

 Few days ago, I saw an ad on social media saying, 'Give your bank account or corporate account and earn commission in return.' Have you also seen such ads on your account? Today, I will reveal the dark truth behind them

                             

                                                                                                                                                                                                          

When you click on these ads, you’ll be given multiple offers, and these scammers also have several conditions before meeting you. Before anything, they test your account. They call this scam 'panel work'. The entire process is automated. They’ve created an application where you first have to add your bank account. Once your account is connected, money starts coming in and going out automatically.

Scammer Offer

First, watch the ad carefully and try to understand who the international scammers are targeting. Then try to figure out what they’re really trying to say. The answer is simple: they are looking for people who are ready to give them access to their bank accounts. For this, they’re even willing to book your flight, your hotel—everything—from their side. But why? Why would a scammer spend so much money on ads, flight bookings, and hotels for someone else? The answer is simple: they need access to bank accounts.

Today, international scammers are committing cyber fraud with people in our country and earning crores every single day. Yes, crores. This money is coming from casino websites, trading websites, and cyber fraud. Many websites run by scammers are using Indian money, and these scammers want to transfer that money into their own accounts.

So first, they find ways to execute the scam, often with help from local scammers. Then, using normal and corporate bank accounts, they transfer money from one account to another using 'panels' so it can’t be easily traced. After that, they convert the money into crypto and send it abroad."

What is a Mule Account Scam?**

In this scam, scammers target innocent people—especially students or anyone in need—who might be willing to give access to their bank accounts. They approach people with tempting offers like: *“Give us access to your bank account and earn money in return.”* It sounds easy. But what happens next is terrifying.

These scammers then use your bank account for illegal transactions.

Now try to understand why they specifically look for corporate* and normal bank accounts. A common person usually uses a savings account, which has a limit of ₹1 lakh per day. But corporate accounts come in many types, and some can handle transactions of ₹1 crore to ₹10 crore per day. This is exactly what scammers want.

Normal Account Limit -  1 Lakh per day

Corporate Account Limit - 1 -10 crore per day

They use both types of accounts—normal and corporate—to move money silently from one place to another, hiding their real identity. And most of the time, the original account holder, *you*, are the one left facing the consequences.

This scam is ruining lives. Please stay alert and never share your bank account with anyone promising easy money.

This is the reason why they have multiple Telegram groups where they openly offer people to send hawala money and earn profits—or to give access to their bank accounts in exchange for money. In these same groups, SIM cards are also being sold, and people are being asked to convert them into eSIMs. Recently, they’ve even started asking for access to WhatsApp accounts and offering money for that too.

Now you might be asking: What is "pure fund" and what is the SBI 31D scam? Scammers’ favorite bank is SBI, because they often use 31D and 41D accounts, which are corporate accounts with higher transaction limits.

Now your next question might be: What does "pure gaming fund" mean? It means money coming from color trading games, teen patti, aviator games, and many other casino-style games running on websites created by scammers. These scammers convert all the money into crypto and then send it abroad.

Proof Of Pannel Work

Name - Thara भाई जोगिंदर
Kam - Colour Trading Website ka promotion karna https://t.co/mhbTmupBVK
Follower -15m
अगर इन जैसे लोगों के प्रमोशन के कारण करोड़ो रुपए का साइबर फ्रॉड होता हे तो कौन जिम्मेदार होगा
क्या ऐसे साइबर फ्रॉड कम होगा pic.twitter.com/J0shl9384f

— Ketan Raikwar 🇮🇳 (@Ketanindori) November 23, 2024

Thread of biggest cyber fraud expose 🧵
Why do influencers promote scam websites fearlessly?
Let's expose retweet maximum 😐

— Ketan Raikwar 🇮🇳 (@Ketanindori) November 22, 2024

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