In a significant breakthrough, a special team from the Cyber Crime Police Station has arrested four individuals from Uttar Pradesh’s Kanpur region for defrauding a Haryana resident of nearly Rs23 lakh through a Telegram-based stock market trading scam.
The victim, Harpreet Singh from Sukhchain village, Sirsa, lodged a complaint after being misled with false promises of high returns from stock trading. Enticed by the scheme, he ended up investing Rs22,82,239 before realizing he had been duped.
According to Superintendent of Police Vikrant Bhushan, the arrested accused have been identified as:
Moin Ahmed and Atiq Ahmed from Rasulabad, Kanpur Dehat
Wasim Ansari from Minhajpur, Prayagraj
Hamid Raja from Kareli, Prayagraj
The suspects were presented in court and subsequently placed under four-day police remand to facilitate further investigation.
SP Bhushan confirmed that the scam was orchestrated via Telegram, where the accused posed as financial experts offering lucrative trading tips. Their aim was to lure individuals like Harpreet into depositing large sums under the pretext of investments in the stock market.
During the remand period, police will work to recover the defrauded amount and mobile phones used in the crime. The investigation, which began on January 27, continues to probe deeper into the gang’s operations.
