Bhubaneswar: Crime Branch of Odisha police have arrested six people from Tamil Nadu and Gujarat for their involvement in an investment scam . The cyber criminals, operating under the guise of an online investment platform, promised high returns to their victims. The arrested individuals include Arun Shaju alias Henry Johnson, Seenu R, Vasu J from Tamil Nadu, and Jaimin Kukdeja Megharajbhai, Brijesh Dayabhai Sathiya, and Udaya Rameshbhai from Gujarat.
Arun Shaju and Jaimin Kukdeja Megharajbhai opened bank accounts in their names, which were shared with fraudsters for illegal activities. Vasu J, Seenu R, and Udaya Rameshbhai were responsible for obtaining additional mule accounts to facilitate transfer of stolen funds, while Brijesh Dayabhai Sathiya withdrew cash through cheques and handed it over to hawala operators in Gujarat for further distribution. The investigation was initiated following an FIR filed by a Bhubaneswar resident at the cybercrime police station on Feb 28.
The complainant, interested in share market trading, had joined two WhatsApp groups advertising trading apps called ‘GSQT’ and ‘IBGINON’. We also published the following articles recently Luxury hotels, high stakes: Inside Chinese-backed cybercrime syndicate operating in Delhi In Delhi, a syndicate lured financially strained individuals like Dev Bhati, promising commissions for using their bank accounts. Over 125 people were involved, unaware of a Chinese-backed cybercrime.
The operation led to crores being siphoned from unsuspecting victims. Police uncovered the module, arresting four while investigating a swindle of Rs 35 lakh. Indian Cyber Crime Coordination Centre saves Rs 2400 crore from cyber fraudsters In 2021, the Citizen Financial Cyber Fraud Reporting and Management System under the Indian Cyber Crime Coordination Centre (I4C) helped save over Rs 2400 crore from cyber frauds through 7.
6 lakh complaints. The Sanchar Saarthi portal disconnected 73 lakh fake mobile connections and traced 11 lakh lost or stolen mobile sets, aiding in the fight against cybercrime and financial frauds. Bengaluru techie couple loses Rs 1.
53 crore in trading scam, how police recovered Rs 1.4 crore from 50 accounts A tech couple in Bengaluru recovered Rs 1.4 crore from an online trading scam with the help of local police.
The fraudsters, based in the UK, used mule accounts to launder money. Police tracked the money trail, freezing 50 accounts. Citizens are urged to exercise caution with online investment offers.
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