Hyderabad (Telangana) [India], Hyderabad Cyber ​​Crime Police arrested four accused, who were defrauding innocent people in the guise of investors and providing bank accounts to cyber fraudsters to defraud people. The accused have been identified as Krishna Dhaka, Manoj Kumar. , Ashutosh Raj and Munish Bansal. A complaint was received from the victim, who was a resident of Hyderabad, stating that cyber fraudsters contacted him through WhatsApp message and introduced themselves as being from a company and offering work to some people for business. He created a trading account for him and added him to the WhatsApp group (Aditya Stock Sharing VIP) and installed an application called PT-VC in Google Play Store. H was asked to buy an IPO stock about to be listed.He deposited in the accounts provided by them and was asked to hold those shares for 30 days to earn good profits. Till now he has invested a total of Rs 1,08,15,047 in different bank accounts. In this regard, Cyber ​​Crime Police Hyderabad has registered a case under CrPC. No. 480/2024, u/s 66(c), (d) of the IT Act, Sec. 419,420 IPC and it was investigated.More cases are registered in various police stations across Telangana state. Accused Ashutosh Raj, who is a former employee of a bank, through his known bank officials, helped Krishna Dhaka and Manoj Kumar to open fake current bank accounts in various banks. Munish Bansal, along with his friends Gaurav Chaudar and Giridhar, along with cyber fraudsters, opened fake current bank accounts in different banks and provided multiple fake bank accounts to the cyber fraudsters, who are based abroad and with an international Cheat innocent people by investing money. Investing in the name of ADITYA STOCK SHARIN VIP: Initially, cyber fraudsters used to give small amounts as profit to take them into confidence. Then, they pressured the victims to invest huge amounts and then stopped responding to them.Till now, the complainant has transferred a total amount of Rs 1,08,15,047/-. 1,08,15,047/-. The POH amount in the NCRP portal is Rs 28,94,134/-, initially, the amount was transferred to the bank account of a beneficiary. o On analysis of the bank account, it was technically identified that there were 2 more fake shell company bank accounts in which a total amount of Rs 22,24,00,000 was deposited/fraudulent. On those bank accounts, a total of 171 cases were registered all over India, out of which 11 cases were registered in Telangana state, including 4 cases in Hyderabad city and the amount defrauded is Rs 1.4 crore, 4 cases in Cyberabad, 1 case in Rachakonda Is. And the remaining 2 cases are related to other districts of Telangana.