Delhi Police Bust Cyber Fraud Scheme, Arrest Seven

Delhi Police have apprehended seven individuals, including a contractual bank employee, for duping a man of Rs 91 lakh with promises of high returns in stocks and crypto trading. The accused opened bank accounts under fictitious names and sold them to other fraudsters. Further investigation is ongoing.

Delhi Police have arrested seven individuals, including a contractual bank employee, for allegedly defrauding a victim of Rs 91 lakh under the guise of high returns in stocks and crypto trading, officials announced Sunday.

Among the accused are Ajay, Mohit, Shankar, Partyaksh Koshar, Manish Jawla, Shrayance Pandit, and Dinesh. They reportedly created bank accounts using fictitious addresses and sold them to other cyber criminals.

According to Deputy Commissioner of Police Hemant Tiwari of the Intelligence Fusion and Strategic Operations (IFSO) unit, the victim was persuaded to open an account and transfer Rs 91 lakh to multiple accounts. Suspicious, he approached the police, leading to an investigation and the eventual freezing of the fraudulent accounts.

A subsequent attempt by the fraudsters to unfreeze one such account, containing Rs 46 lakh, was intercepted by the police. Using email spoofing techniques, the accused had impersonated an IFSO unit officer.

Following the digital trail, police arrested Ajay, Mohit, Shankar, Partyaksh Koshar, Manish Jawla, Shrayance Pandit, and Dinesh. Approximately Rs 5.5 lakh has been recovered, and further investigations are ongoing.

(With inputs from agencies.)