A major blow to cyber fraudsters came from the ED’s Jalandhar office, which on February 14, 2026, invoked PMLA to seize ₹1.76 crore in a bank account exploited for laundering digital arrest scam proceeds. M/s Mrityunjay Multitrade, the mule firm, channeled funds from cons targeting Ludhiana’s elite, notably Vardhman supremo S.P. Oswal, fleeced of ₹7 crore in 2023.
The scam’s modus operandi was chilling: fake CBI calls enforcing ‘digital arrests,’ routing payments through exploited mules promised easy money. Masterminds Rumi Kalita and Arpit Rathore deployed accounts at Frozenman Logistics and Riglo Ventures to mix and match laundered cash, dispatching chunks internationally via deceptive trade channels.
Triggered by Ludhiana police FIR, ED’s relentless 2025 operations—raids and arrests—have jailed the key players. Over 200 mules facilitated ₹1.73 crore in additional frauds, exposing a transnational web. As the agency digs deeper, this case exemplifies the perils of tech-savvy crimes preying on trust, with ED committed to asset recovery and network busting for public safety.