ET Deep Dive: Operation Octopus

About this episode

The episode discusses Operation Octopus, a major crackdown by Hyderabad Police on cyber fraud and its extensive criminal network.

Operation Octopus is Hyderabad Police’s ambitious multi-phase crackdown on the infrastructure behind cyber fraud — not just the small fish, but the entire ecosystem. From mule accounts and rogue bank employees to ghost SIMs and crypto networks, each phase peels back a new layer of a sprawling criminal enterprise spanning multiple states and international actors. Commissioner VC Sajjanar estimates four hundred crore rupees is lost annually in Hyderabad alone. Yet kingpins remain at large.  Based on Shilpa Ranipeta ’s ground investigation, Anirban Chowdhury narrates how a single Facebook scam unravelled into one of India’s most complex cybercrime investigations. You can follow Anirban Chowdhury on his social media: X and Linkedin Check out other interesting episodes like:  ET Deep Dive: Swipe Left on Reality , India wants manufacturing at 25% of GDP — will AI in factories help? , Tanay Kothari Wants To Kill The Keyboard , From Doer to Director: The LinkedIn Playbook for the AI Agea , Semaglutide Goes Generic: Big Pharma’s Moat Breaks   and much more . Catch the latest episode of ‘The Morning Brief’ on The Economic Times…

People in this episode

Host: Anirban Chowdhury

Topics covered

• cyber fraud
• law enforcement
• criminal investigation
• financial crime
• technology
• scams

Keywords

• Operation Octopus
• cyber fraud
• Hyderabad Police
• Anirban Chowdhury
• financial crime
• criminal enterprise
• scams
• investigation

Mentioned in this episode

Organizations: Hyderabad Police, The Economic Times

Places: Hyderabad, India

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