Hyderabad, Jan 29 (Maxim News): The Hyderabad City Cyber Crime Police uncovered a massive trading fraud linked to cybercriminals operating across India, Nepal, and China.
The investigation revealed that fraudulent transactions totaling Rs. 23 crores had been routed through accounts created and managed by the accused, who are involved in at least 20 cases nationwide.
The arrested are: Shubham Kumar Jha – Deputy Manager, RBL Bank, Vidyaranyapura Branch, Bangalore. 2. Haroon Rasheed Imamuddin Dharawad, alias Haroon Rasheed – Assistant Vice President, Axis Bank, Malleshwaram Branch, Bangalore., 3) R. Mohan – Fabrication Business Owner, Peenya, Bangalore and seized from them 1) Laptop – 01, 2) Mobile Phones – 16 3) Debit & Credit Cards – 38 4) Cheque Books – 32, 5) SIM Cards – 09, 6) Pass Books – 07, 7) Shell Company Stamps – 02, 8) Employee ID Cards – 02
According to the Commissioner of Police, Hyderabad, C.V Anand, the Cyber Crime Police received a complaint from a victim residing in Hyderabad. The victim reported that while browsing Facebook, he was added to a WhatsApp group named “C105.BlackRock Capital Stock Mentoring Group.”
The group admin convinced the victim to invest with promises of daily profits ranging from 10% to 20%. Initially, the victim invested ₹40,000. Subsequently, the fraudsters persuaded the victim to purchase IPOs for greater profits.
Trusting them, the victim invested a total of ₹93,89,000, later realizing it was a scam. A case was registered under Cr. No. 1920/2024, and a detailed investigation was launched.
Under the guidance of DCP Cyber Crimes, Dara Kavitha and under the supervision of ACPs Siva Maruthi, Cyber Crimes the arrests were made by the Cybercrime Police Station team led by Inspector M Seetharamulu, team including SIs & PCs played a crucial role in solving this case. (Maxim News)
Next Story:
Chit Fund Fraud In Hyderabad Victims Approach Police
Chit fund fraud in Hyderabad surfaces in Meerpet as victims allege loss of lakhs and approach police for action against organisers.
Hyderabad Police Busted IPL Ticket Black Market Racket
Hyderabad Police bust IPL ticket black market racket, exposing illegal sale of tickets at inflated prices.
Rajasthan Royals Ownership Changes In $1.65 Billion Deal
Rajasthan Royals ownership changes as Mittal family and Adar Poonawalla acquire franchise in $1.65 billion deal.
Repolling In Falta: Sensational Things Come To Light
Kolkata/Hyderabad, may 3 (Maxim News): Polling was held in 142 constituencies in the second phase of elections in West Bengal on April 29. However, the EC confirmed that irregularities occurred in several booths in the second phase of elections. In this context, repolling was conducted in 11 booths in Magrahat West constituency and four booths…
CP Sajjanar Key Instruction To Motorists On ORR
Hyderabad, May 3 (Maxim News): Keeping in mind the safety of motorists travelling on the Hyderabad Outer Ring Road (ORR) , Hyderabad CP VC Sajjanar has made an important note. He has made several suggestions to prevent accidents that have been happening recently due to speeding vehicles hitting parked vehicles from behind. Sajjanar has issued…
Now you can get the latest stories from Indtoday on Telegram every day. Click the link to subscribe. Click to follow Indtoday’s Facebook page, Twitter and Instagram. For all the latest Hyderabad News update
