MBBS Student Arrested for Alleged Rs. 8 Lakh Crypto Transfer to Chinese Nationals in Cyber Fraud Case

MBBS Student Arrested for Alleged Crypto Fraud Involving Rs. 8 Lakh

Police in Indore, Madhya Pradesh, have arrested a 23-year-old MBBS student for his alleged involvement in converting cyber fraud money into cryptocurrency and transferring it to a group of Chinese nationals. Officials revealed that the accused, Vikram Vishnoi, facilitated the transfer of approximately Rs. 8 lakh in illicit funds.

Deputy Commissioner of Police (DCP) Rajesh Kumar Tripathi stated that Vishnoi’s arrest followed an investigation into a case where a city-based software engineer was defrauded of Rs. 1.35 lakh. Vishnoi’s role was uncovered during the probe, leading to his apprehension. According to DCP Tripathi, Vishnoi was placed under “digital arrest” as evidence linked him to the fraudulent transactions.

Hailing from Jodhpur, Rajasthan, Vishnoi is currently in his third year of medical studies at the Government Medical College in Alibag, Maharashtra. Despite being a student, he is alleged to have used his technical knowledge to assist the cybercriminals in laundering the stolen money by converting it into cryptocurrency.

Authorities are now probing Vishnoi’s connection to the larger cybercrime syndicate. The case highlights the increasing misuse of cryptocurrency in fraudulent activities and the need for heightened awareness and security measures in the digital domain.