Chennai police have arrested four individuals involved in separate cyber fraud cases, causing losses of approximately Rs 27 lakh to multiple victims across the city.
The North Zone cyber crime team apprehended R Sitaraman (37) and P Senthilnathan (28) from Cuddalore. The duo allegedly cheated a Chennai resident, Nandagopal from Korukkupet, of Rs 6.88 lakh through a fake investment website promising high dollar returns. The suspects were remanded to judicial custody on Tuesday.
In a related case, the East Zone cyber crime police arrested A Loganathan (23) from Theni for deceiving a man named Rabbani Khan of Rs 9.4 lakh. Loganathan lured the victim via a Telegram ad that offered discounted USDT purchases linked to a fake Binance application. Authorities traced the suspect using bank transactions and IP address data.
Meanwhile, the West Zone cyber crime police caught A Renganathan (26) from Thoothukudi, who defrauded Saravanan from Arumbakkam of Rs 10.55 lakh through a fraudulent investment scheme. Renganathan was also produced before a court and remanded in judicial custody.
The police continue to investigate to uncover more such cases and warn the public to be cautious of online investment offers promising unrealistic returns.