CBI-FBI Join Hands to Bust Global Cybercrime Network, 57 Gold Bars Seized

India’s CBI, acting on an FBI tip and coordinating via Interpol, dismantled a virtual-asset and bullion-backed cybercrime network that since 2022 perpetrated fraud, extortion and money laundering against international victims. The syndicate used phishing and social engineering to gain access to victims' accounts and coerced transfers to cryptocurrency wallets; raids in Mumbai and Kolkata seized 57 gold bars, cash, electronics and documents, and a key suspect (Vishnu Rathi) was arrested and charged under IPC and IT Act provisions.