New Delhi: The Delhi Police have arrested three men and detained a woman for their alleged role in a cyber fraud racket that cheated a grocery shop owner in northwest Delhi of more than Rs17 lakh under the pretext of stock market investments.
The case came to light in January after Yogesh Kumar, who operates a grocery store in Shalimar Bagh, filed a complaint. He told police that he had been added to a social media group promoting lucrative stock trading opportunities. The fraudsters allegedly promised high returns and shared a registration link, instructing him to transfer funds into multiple bank accounts.
Believing the scheme to be genuine, the victim invested around rS17.10 lakh. However, when he attempted to withdraw his returns, he was reportedly asked to deposit additional money. Growing suspicious, he approached authorities, leading to the registration of an e-FIR on January 18.
Police identified the accused as Inderjeet, Pawan Kumar, and Gaurav Tyagi. A woman, Mahima Sharma, has been bound down as part of the ongoing investigation.
During the probe, investigators traced the financial trail and found that the defrauded amount was routed through a mule account linked to a firm allegedly operated by Inderjeet. Officials said the transaction pattern revealed large deposits followed by rapid transfers through gaming applications and other digital platforms to conceal the money trail.
According to police, Inderjeet allegedly provided his firm’s current account to the cyber fraud network in exchange for a commission. Pawan Kumar is suspected of acting as a middleman in arranging bank accounts, while Gaurav Tyagi allegedly managed coordination and operational activities. The exact role of the woman remains under scrutiny.
Authorities have seized three mobile phones believed to have been used in executing the fraud. Further investigation is underway to uncover the wider network involved in the scam.
