Joint Task Force seizes land from Rajasthan scammer
The newly formed Joint Task Force (JTF) on cybercrime has taken its first action by attaching three plots of land linked to a scammer in Rajasthan. This follows over 76,000 complaints related to a major online fraud scheme. The properties, owned by Malkeet Singh, were seized under the Prohibition of Benami Property Transactions Act. The scam, involving a Ponzi scheme promising high returns on cryptocurrency investments, is estimated to be worth between Rs 8,000-10,000 crore. The JTF includes various agencies like the Income Tax department and the Enforcement Directorate. Investigations are ongoing to trace the financial activities and beneficiaries of the scam.