Delhi police cyber cell busted an investment scam network, arresting two key suspects involved in the Rs. 74 Lakh fraud. The fraudster were running a sophisticated online investment racket , were they used to promise high returns to the victims, but their money was siphoned off through multiple layers of bank accounts and digital means.
The investigation uncovered links to foreign handlers and the use of cryptocurrency to transfer stolen funds. In separate cases, police arrested the main facilitator in Greater Noida for defrauding a victim of Rs 27.82 lakh, and a mule account holder involved in transferring Rs 47 lakh obtained through similar fraud.
The investigation traced bank accounts used for laundering, misused SIM cards, and other digital footprints, enabling police to quickly identify the culprits. Inspectors Sandeep Singh and Vinay Kumar, under the guidance of ACP Patil Swagat Rajkumar and DCP Aditya Gautam, conducted the successful operation.
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Crime Branch senior officials commended the team's work and stated that efforts to apprehend remaining gang members are ongoing.