The Central Bureau of Investigation (CBI) conducted coordinated searches at 15 locations across Delhi, Rajasthan, Uttar Pradesh and Punjab in a transnational fraud case involving an overseas fintech platform. The CBI said that thousands of unsuspecting Indian citizens were cheated of crores of rupees through deceptive online schemes operated by an organised transnational fraud syndicate. The agency said that the investigation in the case has revealed that the network exploited social media platforms, mobile applications and encrypted messaging services to lure victims with promises of high returns from online investments and part-time job opportunities.