The Ministry of Home Affairs (MHA) said on December 6 that over 100 websites, which facilitated ‘organised illegal investments’ and task-based part time job frauds have been blocked by the government.
According to an MHA statement, these websites are operated by overseas actors.
The Indian Cybercrime Coordination Centre (I4C), a wing of the Union Home Ministry, through its vertical National Cybercrime Threat Analytics Unit (NCTAU) last week identified and recommended that over 100 websites involved in organised investment and task based part time job frauds be blocked.
The Ministry of Electronics and Information Technology (MeitY), invoking its power under the Information Technology Act, 2000, blocked these websites, the statement said. These websites, which facilitated task-based organised illegal investment related to economic crimes, are reportedly operated by overseas actors and used digital advertisement, chat messengers and mule and rented accounts.
Proceeds from this large scale economic fraud are laundered out of India using the card network, cryptocurrency, overseas ATM withdrawals and international Fintech companies, the statement said.
