India’s Enforcement Directorate and cyber units arrested key suspects in organised ‘digital arrest’ operations that impersonate police to extort funds and launder proceeds via mule accounts and crypto conversions. Actions include arrests tied to a multi‑crore fraud against industrialist S.P. Oswal, with seizures of devices, cash, and evidence of money‑laundering networks.

Enforcement Directorate teams and local cyber squads across India have carried out a series of arrests and seizures linked to large‑scale ‘digital arrest’ extortion schemes, in which fraudsters impersonate law enforcement or courts to coerce victims into transferring funds. Authorities have publicly tied several recent arrests to a high‑profile case involving industrialist S.P. Oswal, alleging multi‑crore losses, as well as to other organised networks that used hundreds of mule accounts and rapid crypto conversions to launder illicit proceeds. Investigators recovered mobile devices, documentation, cash, and electronic evidence used to coordinate impersonation calls, falsified notices, and payment routing. Officials say the operations combine social engineering with banking and virtual asset laundering techniques, complicating tracing and recovery. The Enforcement Directorate and police are prosecuting suspects under money‑laundering and fraud statutes and are working with banks and digital platforms to freeze suspect accounts and map transaction chains. Agencies have warned the public about impersonation tactics, urged caution against unsolicited law‑enforcement messages, and recommended verifying claims through official channels before making payments.