A cyber fraud network operating out of Vadodara has been dismantled, resulting in the arrest of 17 individuals who have now been remanded to judicial custody. This case centers around Ramakrishna Beduduri, a former company official who was defrauded of Rs94.18 lakh.
Hailing from Andhra Pradesh, Beduduri was lured by a Facebook advertisement promising substantial stock market gains through the online platform ‘Angel One’. After engaging with the ad, he was added to a WhatsApp group where he was encouraged to deposit large sums into various company accounts. His app wallet eventually showed a profit of Rs11.26 crore, but to access this amount, he was asked to pay Rs33 lakh as a withdrawal fee.
Frustrated by the demands, Beduduri reported the incident to the cyber cell, leading to the arrest of the gang members. The police have since detained 17 suspects, including 11 account holders and six agents. The agents reportedly received a commission ofRs7,000 for transactions of Rs5 lakh, while account holders earned Rs5,000.
The arrested individuals are: Abrar Khan Pathan, Shahrukh Vohra, Zarar Saudagar, Adnan Shaikh, Kabir Mansuri, Sohil Shaikh, Mir Salim, Wasim Belim, Mohammad Aftab Beg, Salim Shaikh, Liyaqat Shaikh, Mehboob, Shahrukh Dhobi, Sahil Sheikh, Iqtiyar Saiyed, Gomcy Dave, and Ramiz Qadri.