Delhi Social Media Scam Unveiled: A Deep Dive into Cross-Border Investment Fraud

A social media conversation led to the exposure of a stock investment scam affecting Delhi residents, revealing fraudulent activities originating from a Nepal hotel. Two individuals, Shashi Pratap Singh and Nihal Pandey, were arrested for orchestrating scams involving fraudulent transactions exceeding Rs 10 crore.

In a dramatic twist, a simple social media chat has unearthed a sprawling investment scam that defrauded a Delhi resident, unraveling operations worth over Rs 10 crore in a month, all coordinated from a Nepal hotel, according to officials.

The police have arrested two key players in the scam, Shashi Pratap Singh and Nihal Pandey, who orchestrated the deceitful scheme from Uttar Pradesh's Gorakhpur. They lured victims via social media platforms by posing as financial experts, promising unachievable returns on stock investments.

The scam's exposure initiated when Sachin Kumar Tomar reported a loss of Rs 8.15 lakh, having been misled by a woman named Sakshi Yadav, whom he met online. The police investigation revealed the sophisticated methods employed, including using multiple bank accounts and SIM cards to facilitate the scam.

(With inputs from agencies.)