Financial Intelligence Unit-India (FIU-IND) Secures Runner-Up at BECA 2026 for ₹868 Crore Cyber Fraud Case

Key facts

• The Financial Intelligence Unit-India (FIU-IND) was named the Runner-up at the Best Egmont Case Award (BECA) 2026 during the Egmont Group Plenary in Baku, Azerbaijan.
• The case involved a large-scale cyber fraud with proceeds of approximately ₹868 crore, over 5,000 mule bank accounts, and complex cryptocurrency transactions across multiple jurisdictions.
• FIU-IND's analysis was based on intelligence from the Indian Cyber Crime Coordination Centre (I4C) and involved international cooperation through the Egmont Secure Web (ESW).
• Based on FIU-IND's Operational Analysis Report, the Directorate of Enforcement (ED) conducted searches at 13 locations.
• Enforcement actions resulted in seizure of ₹47 lakh in cash and cryptocurrency (USDT) valued at approximately ₹13.6 crore, attachment of assets worth ₹8.67 crore, and filing of two Prosecution Complaints under the Prevention of Money Laundering Act (PMLA), 2002.