Rajasthan Central Cyber Crime Police arrested the eighth suspect in the 680 million rupee “boss scam” case. The accused, Barmer resident Tagaram, allegedly provided his bank account to others in exchange for a commission to transfer the proceeds of cyber fraud. After passing through multiple layers of bank accounts, the fraud proceeds were converted into USDT or other cryptocurrencies and transferred out through platforms such as Binance or via Telegram QR codes.
Eighth Suspect Tagaram Arrested in Barmer
Rajasthan Central Cyber Crime Police arrested Barmer resident Tagaram, the eighth person arrested in the 680 million rupee “boss scam” case. Tagaram was accused of providing his bank account to others in exchange for a commission to transfer the proceeds of cyber fraud. Cyber Crime Bureau chief Vijay Kumar Singh said Tagaram was arrested in Barmer and brought to Jaipur for further questioning after investigators uncovered his role.
Multilayered Structure of the 680 Million Rupee Money-Laundering Network
The investigation revealed that the fraud group used a multilayered structure to launder the proceeds. The flow of funds was as follows:
First layer: Fraud proceeds were deposited into money-laundering bank accounts provided by individuals enticed by commissions.
Second layer: The funds were immediately withdrawn or transferred through ATMs, checks, UPI, QR codes, and CDMs (cash deposit machines).
Third layer: The funds were repeatedly transferred among multiple bank accounts to disperse the money and conceal its source.
Final layer: The funds were converted into USDT or other cryptocurrencies and transferred out through cryptocurrency platforms such as Binance or via Telegram QR codes.
Telegram Toolkit Distribution Mechanism
The investigation showed that the group provided members with criminal toolkits containing fake bank accounts, ATMs, SIM cards, and passbooks through Telegram groups. Once the fraud proceeds reached these accounts, members immediately withdrew the funds through ATMs and checks or transferred them through UPI, QR codes, and other accounts. This “one-time account + instant withdrawal” model was designed to make it difficult for law enforcement agencies to track the flow of funds in real time.
250,000 Rupee Transfer: Key Bank Records in the Tagaram Case
During the police investigation, bank records and technical evidence revealed Tagaram’s specific involvement. The accused provided his bank account to Harendra, also known as “Honey.” On August 24, 2026, the account received a deposit of 250,000 rupees. Tagaram later went to the bank with Harendra and attempted to withdraw money from the account, an action that ultimately exposed his role in the group.
Progress in the Police Technical Analysis
Police are currently conducting technical analyses of the suspects’ WhatsApp chats, call records, CAF IDs, IPDRs, and bank transaction records to trace the accounts into which the fraud proceeds ultimately flowed and identify all individuals connected to the criminal network.
The operation was carried out under the direction of Deputy Director of Cyber Crime Shatanu Kumar Singh by a team led by Jaipur Central Cyber Crime Police Station chief Superintendent Gajendra Sharma. The team included Inspector Neeraj Kumar, Assistant Sub-Inspector Rakesh Kumar, Head Constable Brijlal, and Constable Sachidanand.
FAQ
What specific charges does Tagaram face in the 680 million rupee fraud case?
Tagaram was accused of providing his bank account to Harendra, also known as “Honey,” in exchange for a commission to transfer the proceeds of cyber fraud. On August 24, 2026, the account received a deposit of 250,000 rupees. Tagaram was later exposed after going to the bank with Harendra to attempt a withdrawal.
How did the fraud group use USDT and Binance for final money laundering?
After the fraud proceeds were repeatedly transferred among multiple bank accounts, they were converted into USDT or other cryptocurrencies and ultimately transferred out through cryptocurrency platforms such as Binance or via QR codes on Telegram, forming the final stage of the multilayered money-laundering structure.
What technical methods did police use to trace the flow of funds in this investigation?
Police conducted technical analyses of the suspects’ WhatsApp chats, call records, CAF IDs, IPDRs, and bank transaction records to trace the final destination of the fraud proceeds and identify all related individuals.
