Luxury Cars Seized as 3 Arrested by FCC in Rs 20 Million Scam Probe

Three suspects, including a husband and wife, have been arrested by the Financial Crimes Commission (FCC) following simultaneous raids in connection with a Rs million alleged fraud and money laundering investigation. The arrests, made across two locations, led to the seizure of three luxury vehicles and other high-value assets.

The operation was conducted on Friday morning, 12th December, in Albion and Moka, as part of a probe into the multi-million rupee scam.

During the raids, FCC officers confiscated:

• Three luxury cars.
• Valuable watches.
• Computer equipment.
• Bank statements.

The three individuals—a woman, her husband, and an alleged third accomplice—were detained and are currently being interrogated at the Réduit Triangle headquarters.

Authorities believe the fraud, which allegedly saw the suspects pocket $\text{Rs }20$ million, was primarily orchestrated through Facebook.

The principal suspect is accused of using the social media platform to place advertisements offering residential permit services to foreigners in exchange for payments.

One of the female suspects has a previous conviction for money laundering.

The third individual arrested is suspected of acting as a nominee to facilitate the financial activities of the alleged ringleader.

Furthermore, the seized luxury vehicles were found to be registered under the name of a relative of the main suspect, according to the FCC.

Source: Defi Media