A Facebook message from a woman claiming to represent a Mumbai-based NBFC turned into a costly nightmare for a Delhi resident, leading to the exposure of a massive Rs5.92 crore interstate investment scam.
According to officials, the Delhi Police Cyber Cell uncovered a cybercrime syndicate that routed the defrauded money through mule accounts and shell entities. Four members of the gang were arrested: Anas Ansari (22), Mohd Kaif (22), Akib (40) and Md Danish (22) — all residents of Haldwani, Uttarakhand.
The victim reported that a woman posing as an investment advisor from “CBCX Global Traders” contacted him via social media. Over two months, she convinced him to invest in supposed high-return trading plans. Trusting her claims, he transferred Rs5,92,44,480 to multiple bank accounts she provided.
Police investigations revealed a complex financial structure. The cheated money was funneled through 33 bank accounts, each operated by individuals who received commission for sharing their identity documents, OTPs and account access.
Officials said Danish played a key role by arranging mule accounts for a Dubai-based handler and coordinating cash withdrawals. Kaif and Anas supplied several accounts used to move funds and frequently withdrew large amounts to hand over to the gang. Akib allowed his bank account to be used, sharing OTPs and credentials for monetary gain.
Investigators also discovered around 10 linked complaints on the National Cybercrime Reporting Portal from victims across India.
The probe involved technical analysis, cooperation with multiple banks and targeted raids in Haldwani. Police said more arrests are expected as they continue to unravel the upper layers of the syndicate.
