Who Were the Three Cyber Fraudsters Arrested for a Rs 3.26 Crore Scam in Noida?
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Synopsis
In a shocking revelation, the Noida Cyber Police have apprehended three fraudsters linked to a massive Rs 3.26 crore scam targeting a local businessman. The case underscores the growing sophistication of cyber fraud schemes as authorities intensify their efforts to combat such crimes. Stay tuned for the latest developments in this ongoing investigation.
Key Takeaways
- Three individuals arrested for a major cyber fraud.
- Victim lost Rs 3.26 crore.
- Fraudsters promised high returns on stock market investments.
- Police investigation ongoing to uncover the full extent of the scam.
- Public urged to verify investment opportunities carefully.
Noida, June 28 (NationPress) – The Noida Cyber Police have successfully detained three individuals from a gang implicated in a significant cyber fraud scheme that defrauded a Noida businessman of Rs 3.26 crore.
The trio is accused of enticing the victim by guaranteeing fivefold returns through investments in the stock market, which ultimately proved to be a fraudulent operation.
The arrested suspects—Puneet, Himanshu, and Vijay Chaudhary—were apprehended close to Noida Stadium. As per police reports, Puneet had leased his bank account to Himanshu.
This account facilitated the transfer of around Rs 30 lakh as part of the deceitful transactions. Subsequently, Vijay Chaudhary took over the account from Himanshu and extensively utilized it for further cyber fraud activities.
The cybercrime unit disclosed that the account experienced transactions nearing Rs 1 crore, and investigations are ongoing to reveal the full scale of the fraud and identify additional suspects.
Manisha Singh, Additional Deputy Commissioner of Police (ADCP) for Cyber Crime, confirmed the arrests, stating, “We have taken into custody the three suspects involved in this cyber fraud. Our investigation is advancing, and we are determined to bring all responsible parties to justice.”
The perpetrators' methodology involved creating a deceptive narrative that investing in specific stock market schemes would yield exceptional returns, luring the businessman into transferring substantial amounts. After securing the funds, they employed various bank accounts to launder the illicit gains, effectively evading detection, according to the police.
Experts in criminal activity assert that this case showcases the growing complexity of cyber fraud schemes targeting investors, especially through exaggerated return promises in the stock market. Authorities have urged the public to remain vigilant and verify investment opportunities through reputable channels prior to committing any funds.
The Noida Cyber Police are diligently tracing the flow of funds and analyzing digital footprints to dismantle the entire operation behind this fraud. They are also collaborating with banks and financial institutions to freeze accounts associated with the suspects.
As the investigation progresses, further revelations are anticipated, potentially exposing a wider network and methods utilized by the accused in orchestrating such high-value scams.
Point of View
It is imperative to recognize the increasing threat of cyber fraud impacting investors across the nation. This case in Noida exemplifies the need for heightened vigilance among the public. With the rise of such schemes, it is crucial for individuals to verify investment opportunities thoroughly. The authorities are taking significant steps to combat these crimes, and we must remain informed and cautious.
NationPress
28/06/2025
Frequently Asked Questions
What is the amount involved in the Noida cyber fraud case?
The cyber fraud case involved an amount of Rs 3.26 crore, which was deceitfully obtained from a businessman in Noida.
Who were the suspects arrested in this case?
The suspects arrested include Puneet, Himanshu, and Vijay Chaudhary.
What tactics did the fraudsters use?
The fraudsters promised high returns on stock market investments to lure the victim into transferring large sums of money.
What actions are being taken by the police?
The Noida Cyber Police are investigating the case, tracing the flow of money, and collaborating with banks to freeze the suspects' accounts.
How can the public protect themselves from such scams?
Individuals should exercise caution, verify investment opportunities through legitimate channels, and avoid offers that seem too good to be true.
