Lawyer Rashesh Upadhyay Arrested by ED in Rs 28,000 Crore Cyber Fraud Case

Mint · india

The Enforcement Directorate (ED) has arrested advocate Rashesh Upadhyay, also known as Rashesh Shah, in connection with a nationwide cyber fraud and digital arrest network. Upadhyay was apprehended at Mumbai Airport while attempting to fly to Delhi and was subsequently remanded to ED custody until October 29. The ED alleges Upadhyay acted as a key facilitator, helping to unfreeze bank accounts linked to the network. This network is reportedly involved in transactions worth nearly ₹28,000 crore, with cash deposits around ₹2,900 crore.