Indian gov't blocks over 100 websites for illegal investment, job frauds-Xinhua

Indian gov't blocks over 100 websites for illegal investment, job frauds

Source: Xinhua

Editor: huaxia

2023-12-06 21:59:15

NEW DELHI, Dec. 6 (Xinhua) -- The Indian Home Ministry said on Wednesday that it has identified and blocked over 100 websites involved in organized investment or task-based job frauds.

The move has been undertaken under the Indian Cybercrime Coordination Center, an initiative of the ministry to deal with cybercrime in the South Asian country in a coordinated and comprehensive manner.

The websites have been blocked by the Ministry of Electronics and Information Technology on the recommendation of the National Cybercrime Threat Analysis Unit which falls under the Home Ministry.

"These websites, which facilitated task-based/organized illegal investment-related economic crimes, were learned to being operated by overseas actors and they were using digital advertisement, chat messengers and mule/rented accounts," a statement issued by the Home Ministry said.

"It was also learned that proceeds from the large-scale economic frauds were seen to be laundered out of India using card network, cryptocurrency, overseas ATM withdrawals and international Fintech companies."

The ministry has also cautioned people to exercise due diligence before investing in any such very high commission-paying online schemes sponsored over the internet.