New Delhi: In a major breakthrough, the Crime Branch of Delhi Police has busted a well-organized interstate cyber fraud syndicate involved in an online investment scam worth ₹33.83 lakh, operating across Delhi, Punjab, and Rajasthan.
The WR-II unit of the Crime Branch arrested four accused involved in the racket and uncovered a complex network of mule accounts and layered financial transactions used to siphon off money from victims.
During the operation, police seized three mobile phones and recovered three SIM cards used in executing the fraud. Investigations revealed that the accused lured victims through fake investment schemes promising high returns. Once victims invested, they were manipulated into making repeated payments under various pretexts.
Officials said the syndicate used messaging platforms like WhatsApp and Telegram to target individuals and gain their trust before defrauding them.
The operation was carried out by a team led by Inspector Gautam Malik under the leadership of ACP Rajpal Dabas and under the overall supervision of DCP Harsh Indora.
Delhi Police has urged citizens to remain cautious and avoid falling prey to fraudulent investment offers circulating on social media platforms.
