Investigators in Tamil Nadu have announced the bust of a significant criminal network implicated in fraudulent activities related to RBI (Reserve Bank of India) credentials. Authorities have identified a substantial amount of money lost as a potential loss of several hundreds of crores of rupees. The investigation, which began six months ago, focused on individuals and organizations attempting to impersonate RBI to gain access to financial resources. The police seized assets and documents linked to the operation, and ongoing investigations are examining the network’s scope and potential impact on the financial system. The investigation is currently ongoing.
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