Did Delhi Police Uncover a Major Inter-State Cyber Fraud Racket?
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Synopsis
Delhi Police's recent operation against a massive inter-state cyber fraud ring has led to the arrest of four suspects and the exposure of a financial trail worth Rs 24 crore. Uncovering the intricacies of this scheme highlights the need for vigilance against online scams, especially those promising unrealistic returns.
Key Takeaways
- Delhi Police has dismantled a major inter-state cyber fraud network.
- Four suspects were arrested in connection with the fraud.
- The operation revealed a financial trail of around Rs 24 crore.
- Fraudsters used fake apps and WhatsApp groups to lure victims.
- Efforts are ongoing to track additional victims and freeze remaining funds.
New Delhi, Dec 19 (NationPress) The Inter-State Cell (ISC) of the Crime Branch, Delhi Police, has successfully dismantled a significant inter-state cyber fraud operation engaged in online investment scams. Four suspects were apprehended across two distinct cases, revealing a financial trail amounting to approximately Rs 24 crore, officials disclosed on Friday.
The fraudulent scheme was orchestrated through deceptive WhatsApp groups and fake trading applications, according to police reports.
The arrests were executed by teams led by Inspectors Shivraj Bisht and Satendra Khari, under the guidance of ACP Ramesh Lamba.
The perpetrators misled unsuspecting individuals with promises of lucrative returns on investments via counterfeit mobile applications.
In the first instance, a complainant lost Rs 31.45 lakh after being invited to a WhatsApp group and convinced to download a fraudulent trading app named “Cventura”.
The victim transferred funds into six different bank accounts before the group vanished, and the app ceased to operate.
An FIR was filed at Cyber NED and subsequently handed over to the Crime Branch for further inquiry.
During their investigation, police tracked the funds through various mule accounts, executing raids in Ludhiana and Khanna in Punjab, resulting in the capture of Rajiv (33) from Rupnagar and Monu Kumar (27) from Ludhiana.
Rajiv’s account was linked to Rs 6.45 lakh received from this case and showed transactions exceeding Rs one crore tied to multiple cyber fraud incidents. Monu was identified as facilitating the opening and sale of bank accounts for commission.
Two additional associates remain at large.
In the second case, a victim was defrauded of Rs 47.15 lakh after joining a WhatsApp group named “VIP 10 Stock Sharing Group” and investing through a fake application called “Verger”.
Investigations indicated that funds were funneled through nine bank accounts across various states.
Raids conducted in Haryana and Rajasthan led to the arrests of Mohit, Balwan, and Rajbir Singh. Authorities discovered that Mohit and Rajbir played roles as first-layer account providers, with transactions nearing Rs 23 crore processed through their accounts in a brief timeframe, while Balwan acted as a mediator, securing bank accounts on commission.
Officials stated that the investigation has unveiled a well-structured cyber fraud network operating across multiple states utilizing counterfeit apps, WhatsApp groups, and layered banking channels.
Comprehensive financial audits and technical evaluations are currently in progress to identify additional victims, trace the ultimate beneficiaries, and freeze any remaining assets.
"Our efforts continue to locate the absconding suspects, including those connected to the arrested individuals," remarked DCP Aditya Gautam.
Point of View
It is crucial to highlight the increasing sophistication of cyber fraud schemes, which pose significant threats to individuals across the nation. The proactive measures taken by Delhi Police serve as a reminder of the importance of cybersecurity awareness in protecting citizens against such scams.
NationPress
19/12/2025
Frequently Asked Questions
What was the amount involved in the cyber fraud cases?
The total amount involved in the cyber fraud cases is approximately Rs 24 crore.
How many suspects were arrested?
Four suspects were arrested during the operation conducted by Delhi Police.
What methods did the fraudsters use?
The fraudsters operated through fake WhatsApp groups and fraudulent trading applications to deceive victims.
Where did the police conduct the raids?
Raids were conducted in Ludhiana, Khanna in Punjab, Haryana, and Rajasthan.
What steps are being taken to identify more victims?
Authorities are conducting detailed financial scrutiny and technical analysis to identify further victims and trace the end beneficiaries.
