The Special Task Force Uttarakhand has arrested Malkit Singh from Gadarpur, Udham Singh Nagar, in connection with a cyber fraud case in which a victim was cheated of Rs 24.70 lakh through a fake online trading scheme.
Police recovered two mobile phones, a SIM card, a debit card, and other documents from Singh’s possession.
According to authorities, the victim, a resident of Udham Singh Nagar, filed a complaint in December 2025, stating that he had been contacted through social media and added to WhatsApp groups. In these groups, fraudsters promised high profits from online trading, showing fake screenshots of profits and using a fraudulent trading app to gain his trust. Through this deception, the victim transferred Rs 24.70 lakh, believing he was investing in a legitimate company.
During the investigation, the STF analyzed technical and digital evidence, including bank accounts, mobile numbers, and online platforms used in the scam. Officials said that the bank account used by Singh had transactions totaling crores of rupees within just October and November 2025. Similar complaints involving the same accounts have reportedly been registered in other states.
Further investigation into the network of fraudsters and related accounts is ongoing.
