Delhi Police Cracks Down on Multi-Crore Stock Market Scam

Delhi Police dismantled a nationwide financial scam involving fraudulent stock market investments. Arrests include Sunil Kumar and Vishal Choure. The syndicate, operating through fake companies like GTR Electronics and Udyam Women Empowerment Foundation, duped victims via schemes and online traps, resulting in significant financial losses across India.

The Delhi Police has successfully exposed a sophisticated fraud network swindling crores in fake stock market investments across India. Authorities announced that they have arrested Sunil Kumar, director of a shell company, along with Vishal Choure and his wife, all allegedly involved in the deceitful operations.

This multi-layered scam, disguised as legitimate business ventures under names like GTR Electronics Pvt. Ltd. and Udyam Women Empowerment Foundation, executed online traps and fraudulent trading schemes that targeted unsuspecting victims countrywide. The arrests came after coordinated raids in Haryana and Maharashtra.

Investigators initiated the probe following a complaint from a victim who lost Rs 1.6 crore. The financial trail led to these fake companies heavily involved in cyber fraud, with at least 58 complaints surfacing during the investigation. Authorities continue to track additional financial movements and unravel the syndicate's full extent.