New Delhi, A Jodhpur University student was arrested by the Delhi Police in Jodhpur for allegedly cheating a 34-year-old engineer of nearly Rs 12 lakh on the pretext of providing good returns by investing in the stock and cryptocurrency market at through an online platform. , officials said Friday.
Police said the victim was shocked after receiving high profits in a short time.
The accused Subhash Bishnoi (24), who worked for an online media company, is part of the nexus that duped the victims.
"On January 2, a complaint was received from Ankit, who is an engineer by profession, regarding a cyber fraud of nearly Rs 12 lakh," said Deputy Commissioner of Police (Northeast) Joy Tirkey.
Ankit told the police that on October 31 he received a proposal on social media to make huge profits in a short time by trading in the stock and cryptocurrency market.
"As he showed interest, he was initially advised to invest Rs 10,000, for which he received Rs 15,000 after a few days... He again invested Rs 15,000 and received Rs 20,000 as return instead. Now, as his trust was established, Following the advice of the scammer, he invested Rs 11.93 lakh in three days, but this time he got nothing,” the DCP said.
Police said an FIR has been registered under section 420 (cheating) of the IPC and further investigation has been launched.
During the course of investigation, the team followed the money trail and found that the entire swindled amount was deposited in four different banks, of which Rs 9 lakh was credited to a private bank in Jodhpur, the DCP said, adding that the Amount was then transferred to other bank accounts and withdrawn.
"On detailed analysis, the team managed to obtain details of the bank account and a person was identified who accessed the account online through net banking credentials in Jodhpur. A raid was carried out and the accused Bishnoi was arrested" said the DCP.
The officer further said that Bishnoi allegedly confessed to his crime and revealed that he is a postgraduate from Jodhpur University and works for an online media company.
"He further revealed that he is part of a gang that used to dupe innocent people, using social media applications on the pretext of (providing) high returns in a short time. We have frozen four bank accounts with swindled money worth Rs 8.66 lakh .
"Three mobile phones, five SIM cards, 16 debit and credit cards and two check books were recovered from his possession," the DCP said, adding that the accused committed the crime to earn easy money to fulfill his wishes. of a luxurious lifestyle. .
Police said the victim was shocked after receiving high profits in a short time.
The accused Subhash Bishnoi (24), who worked for an online media company, is part of the nexus that duped the victims.
"On January 2, a complaint was received from Ankit, who is an engineer by profession, regarding a cyber fraud of nearly Rs 12 lakh," said Deputy Commissioner of Police (Northeast) Joy Tirkey.
Ankit told the police that on October 31 he received a proposal on social media to make huge profits in a short time by trading in the stock and cryptocurrency market.
"As he showed interest, he was initially advised to invest Rs 10,000, for which he received Rs 15,000 after a few days... He again invested Rs 15,000 and received Rs 20,000 as return instead. Now, as his trust was established, Following the advice of the scammer, he invested Rs 11.93 lakh in three days, but this time he got nothing,” the DCP said.
Police said an FIR has been registered under section 420 (cheating) of the IPC and further investigation has been launched.
During the course of investigation, the team followed the money trail and found that the entire swindled amount was deposited in four different banks, of which Rs 9 lakh was credited to a private bank in Jodhpur, the DCP said, adding that the Amount was then transferred to other bank accounts and withdrawn.
"On detailed analysis, the team managed to obtain details of the bank account and a person was identified who accessed the account online through net banking credentials in Jodhpur. A raid was carried out and the accused Bishnoi was arrested" said the DCP.
The officer further said that Bishnoi allegedly confessed to his crime and revealed that he is a postgraduate from Jodhpur University and works for an online media company.
"He further revealed that he is part of a gang that used to dupe innocent people, using social media applications on the pretext of (providing) high returns in a short time. We have frozen four bank accounts with swindled money worth Rs 8.66 lakh .
"Three mobile phones, five SIM cards, 16 debit and credit cards and two check books were recovered from his possession," the DCP said, adding that the accused committed the crime to earn easy money to fulfill his wishes. of a luxurious lifestyle. .
