Technological breakthroughs help progress and at the same time they also present a myriad of opportunities for cyber criminals.
Recently, a story has emerged that one such cyber gang which has one of its bases in Tenali has been involved in ‘robbing’ people of thousands of crores of rupees.
According to the story, the police are now investigating a fraud case where the gang had cheated people of a whopping Rs 6000 crores through fake Multi Commodities Exchange (MSEX).
It is being said that the gang operated from 23 different centres and that its main operations were carried out of Netherlands.
The police say that the gang siphoned the money through a duplicate MSEX server used to carry out its nefarious activities.
For now, the police are suspecting the involvement of some past employees of the organization.
An enquiry is presently on and we will keep you updated of the developments.
