New Delhi: In a major crackdown on organized cyber investment frauds, the Delhi Police has arrested two key accused in separate cases involving a total cheated amount exceeding ₹74 lakh. The operation has exposed a well-structured cyber fraud network involving mule bank accounts, foreign handlers, cryptocurrency transactions, and advanced digital tools designed to evade law enforcement.
Aditya Gautam, Deputy Commissioner of Police, Crime Branch, Delhi, said, “These cases highlight the growing sophistication of cyber fraud networks. Citizens must remain cautious of unsolicited investment offers on WhatsApp, Telegram, and other social media platforms, and immediately report suspicious activity on helpline 1930.”
Case 1: Key Facilitator Arrested in ₹27.82 Lakh Fraud
A case was registered under E-FIR No. 60000395/25 at Cyber Cell, West District, based on a complaint received through helpline 1930. The victim was lured via a WhatsApp group into investing in stock trading, IPOs, and OTC platforms, and was duped of ₹27.82 lakh.
Investigations revealed that fake investment opportunities were circulated through social media, with victims persuaded to transfer funds into multiple layered bank accounts. These accounts were procured on commission, and SIM cards linked to them were remotely controlled using APK-based message forwarding applications. The accounts were used briefly and abandoned to avoid detection.
A dedicated police team, under the supervision of senior officers, tracked digital footprints and financial trails, leading to the arrest of accused Rahul Tyagi from Greater Noida. During interrogation, he disclosed links with foreign handlers through Telegram, operation of 10–12 bank accounts for China-based networks, and receipt of payments via cryptocurrency (USDT through Binance) and later in cash. He reportedly earned ₹14–15 lakh from the racket and had prior involvement in a ₹2.5 crore cyber fraud case investigated by Mumbai Police.
Case 2: Mule Account Holder Arrested in ₹47 Lakh Fraud
In a separate operation, Cyber Cell, South East Delhi, arrested Rinku (36), a mule account holder, in connection with a ₹47 lakh investment fraud case.
The complainant was cheated through similar fraudulent investment schemes. Investigation revealed that ₹31.45 lakh of the defrauded amount was routed through the accused’s bank account, which he had linked to a SIM card handed over to co-accused individuals. The funds were subsequently layered and transferred across multiple accounts to mask the trail.
Rinku was traced and arrested from Greater Noida following technical surveillance and financial analysis. Police recovered a mobile phone from his possession during the operation.
Public Advisory:
Delhi Police has urged citizens to exercise caution against unsolicited investment offers circulated via WhatsApp, Telegram, and social media platforms. Authorities have reiterated that any suspicious activity should be immediately reported to the national cybercrime helpline 1930 to prevent financial losses.
