Two Arrested In A Investment Scam

Hyderabad, jan 15 (Maxim News): The Hyderabad Cyber Crime Police arrested two persons from Faridabad in Haryana for allegedly duping the public after assuring high returns on investments in the stock market and cryptocurrency.

The arrested persons were Himanshu (30) and Praveen (26). The police seized mobile phones, SIM cards, bank cheque books and other documents from them.

According to the police, the suspects contacted their victims through social media platforms and assured them huge profits on small investments. The duo allegedly provided details of a bank account to the unsuspecting investors and asked them to transfer the amount. Later, Himanshu and Praveen blocked the phone numbers of the investors and avoided contact with them.

The police said that to carry out their illegal activities, Himanshu created a forged Adhaar Card and using it, he opened an account in a bank in Delhi. A total of Rs. 2.5 crore was transferred to the account by different victims from across the country. The police froze the bank account, which had a deposit of Rs. 6 lakh. The activities of the suspects came to light after a woman from the city, who was duped of Rs. 4.5 lakh, filed a complaint. The police registered a case, and a special team caught them in Delhi. Efforts are on to nab Devender Panchal, who is the prime suspect in the case and is absconding.  (Maxim News)


Next Story :

  • IIITH Announces Product Management Summer School

    IIITH Announces Product Management Summer School

    Hyderabad, May 16, 2024: International Institute of Information Technology Hyderabad (IIITH) announced the launch of a 4-week Product Management Summer School, jointly with Product Leaders Forum (PLF) and Hyderabad Software Enterprises Association(Hysea). Registrations are open, the summer school starts on 25 May 2024.


  • Project Swayam: Walchand Plus Empowering Youth for a Sustainable Future in the Green Sector

    Project Swayam: Walchand Plus Empowering Youth for a Sustainable Future in the Green Sector

    Mumbai, May 2024: In a bold step towards a sustainable future, The Bahubali Gulabchand Foundation, in partnership with Walchand Plus, celebrates the early triumphs of ‘Project Swayam’—an innovative initiative aimed at cultivating a skilled youth workforce for India’s burgeoning green energy sector.


  • Admissions Open for MA Arabic in MANUU

    Admissions Open for MA Arabic in MANUU

    Hyderabad: Maulana Azad National Urdu University (MANUU), Department of Arabic is offering admissions to MA in Arabic. The last date for submitting online application form for merit based programme MA (Arabic) is June 30, 2024.


  • Telangana Congress Leaders Moved To Rae Bareli To Campaign For Rahul Gandhi

    Telangana Congress Leaders Moved To Rae Bareli To  Campaign For Rahul Gandhi

    Hyderabad, May 16 (Maxim News): Telangana Congress leaders took the path of Rai Bareli where the Congress senior leader Rahul Gandhi is contesting the parliamentary election.


Now you can get the latest stories from Indtoday on Telegram every day. Click the link to subscribe.  Click to follow Indtoday’s Facebook pageTwitter and Instagram. For all the latest Hyderabad News updates

Leave A Reply

Your email address will not be published.