Financial Intelligence Unit-India (FIU-IND) received runner-up recognition in the Best Egmont Case Award (BECA) 2026 for a case linked to a large-scale cyber fraud. The award was presented at the Egmont Group Plenary in Baku, Azerbaijan, and the case matters because it connects cybercrime, money laundering, cryptocurrency tracing, and cross-border financial intelligence cooperation.
What happened
FIU-IND’s case was selected as one of only two finalist cases from submissions by the Egmont Group’s 182 member jurisdictions. The case originated from intelligence shared by the Indian Cyber Crime Coordination Centre (I4C) regarding a large-scale cyber fraud.
Financial intelligence analysis by FIU-IND identified a money laundering network involving cyber fraud proceeds of approximately ₹868 crore.
The network allegedly used more than 5,000 mule bank accounts and complex cryptocurrency transactions across multiple jurisdictions.
Why the case is exam-relevant
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