In a significant crackdown, the Gurugram Cyber Police arrested 14 individuals for allegedly defrauding hundreds of people across the country, accumulating over Rs 70 crore through fraudulent investments. The accused were found to have used fake Instagram IDs to lure unsuspecting victims into making financial investments, which they later pocketed.
The arrests took place between December 2024 and January 2025. The police identified the culprits as Balchand, Wasim, Atif, Vinod Kumar, Yatin, Rahul, Munesh, Niyol Banik, Lokesh Meena, Neeraj Baliya, Hemant Sharma, Harmandeep Singh Randhawa, Ankit Patel, and Aman Jha, alias Monu. The operation was carried out after analyzing data from the Indian Cyber Crime Coordination Center (I4C).
According to Priyanshu Dewan, ACP (Cyber), 18,477 complaints and 774 cases have been filed across the country against the accused. Out of these, 33 cases were registered in Haryana, including eight in Gurugram.
The authorities recovered ten mobile phones and three SIM cards from the accused’s possession during the investigation. Police continue to trace the network behind the scam, which has left victims across India reeling from the financial loss.
