The Hyderabad Cyber Crime Police has successfully dismantled three fraud rings operating out of Gujarat, leading to the arrest of seven individuals. These gangs were allegedly responsible for 983 online fraud cases across India, involving various types of scams such as investment frauds, trading scams, KYC frauds, and even FedEx courier frauds.
In the first case, police apprehended three individuals from Rajkot, Gujarat—Chudasama Kuldeepsingh Anopsingh, Jedeja Daivatsinh Kiritsinh, and Sinojiya Ketan Sureshbhai—who are accused of scamming a victim out of Rs2 crore through a fraudulent online investment scheme. The accused lured the victim by promising high returns on a fake trading platform, which led to significant financial loss.
The Hyderabad Cyber Crime Police continue to investigate the full extent of the fraud operations, with more arrests and cases expected to follow.
