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STF Nabs Delhi Man for ₹7.39 Crore Investment Scam

Dehradun: The Uttarakhand STF cyber crime unit has arrested Shadab Hussain from Jamia Nagar, Delhi for duping a Dehradun resident of ₹7.39 crore in an online investment scam.

Using Indonesia-based WhatsApp numbers and fake profiles, the accused lured the victim into bogus groups promoting stock market, IPO, and trading schemes. Over 15 bank accounts were used to collect the money, while fake profits were shown on the app to trap the victim.

Investigations revealed that the accused’s accounts saw transactions worth crores within days and that he faces 33 cyber fraud complaints across India. Two mobile phones were seized during the arrest.

STF Chief Navneet Singh has urged people to remain alert against scams like “digital arrest” and report suspicious calls or messages immediately via the 1930 Cyber Helpline or at cybercrime.gov.in.

Himalayan Live Bureau

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