Jharkhand CID Nabs Suspected Online Scam Mastermind in Tamil Nadu

The Jharkhand CID arrested a man from Tamil Nadu for his alleged involvement in an online investment scam. The arrest followed a complaint by a Ranchi resident concerning a Rs 80 lakh fraudulent scheme. The accused was brought to Ranchi and jailed. He reportedly opened fake bank accounts to execute the scam.

The Jharkhand CID has made a significant breakthrough by arresting a man allegedly involved in an online investment scam in Tamil Nadu, according to an official statement on Monday.

The arrest was triggered by a complaint filed by a Ranchi resident on April 16. The complaint detailed a fraudulent scheme wherein the victim lost Rs 80 lakh.

The suspect was apprehended in Thiruvarur district, Tamil Nadu, on Saturday and subsequently transferred to Ranchi on a transit remand. He has since been forwarded to jail. The CID revealed that the accused, along with his associates, created fake proprietorship firms to lure victims via social media into investing in the sham scheme.

(With inputs from agencies.)