34 Fake Trusts and Shell Companies Uncovered in Bihar Cyber Fraud Probe

Police investigators announced on Thursday that they have traced 34 fake trusts and shell companies tied to a cyber fraud network that siphoned money from victims across the state. The entities, registered under innocuous names, were used to launder proceeds from phishing and online scams. The probe, led by the Patna cyber crime unit, uncovered that the fraudsters routed funds through these shell entities before moving them to overseas accounts. Authorities have seized several bank accounts and are preparing charges under the Information Technology Act and the Prevention of Money Laundering Act.