The Criminal Investigation Department (CID) has arrested Vijay Prakash from Uttar Pradesh for cheating a Ranchi resident of Rs23.95 lakh under the pretense of a lucrative investment scheme, officials announced on Monday.
The victim lodged an FIR on May 6 with the CID’s cybercrime police station, alleging that he was lured by an investment opportunity promoted through a YouTube advertisement. The victim was then added to a WhatsApp group where he was instructed to transfer funds to multiple bank accounts controlled by the accused.
Investigators found that the cybercriminal’s IndusInd Bank account had seen transactions totaling around Rs81 lakh in just three days. So far, 38 cybercrime complaints involving this bank account have been registered from 16 different states across India.
Vijay Prakash has been charged under various sections of the Bharatiya Nyay Sanhita (BNS) and the Information Technology Act. The CID continues to investigate the extent of the scam and any potential accomplices.
