A 27-year-old aspiring chartered accountant, Nilesh Jindal, was arrested for allegedly running a cryptocurrency trading scam that defrauded a woman from Dwarka of Rs 18 lakh. Jindal, a first-year CA student from Jalandhar, Punjab, reportedly used a dating app to target his victims. Pretending to be a hedge fund manager, he promised high returns from cryptocurrency and stock market trading to lure women into his trap.
Jindal used a well-planned scheme to persuade victims to invest large sums into non-existent trading programs. On December 28, a woman filed a complaint, stating that she had transferred Rs 18 lakh to several bank accounts controlled by Jindal. After receiving the money, Jindal allegedly stopped all communication with the victim.
Following the complaint, the Dwarka cyber police tracked Jindal using technical surveillance and banking data. A subsequent raid recovered a laptop and mobile phone from his possession. Jindal has been charged under Section 318 (cheating) of the Indian Penal Code.