Home » Prins Raj, Couple Held in Rs3.5 Cr Cyber Investment Scam

Prins Raj, Couple Held in Rs3.5 Cr Cyber Investment Scam

Crime Branch busts trading fraud targeting Bhubaneswar businessmen

by Ananya Mehta

Bhubaneswar, Odisha: The state crime branch on Friday arrested three persons, including a man from Bihar and a couple from Angul district, in connection with two cyber fraud cases worth Rs3.5 crore.

Accused Arrested:

Prins Raj (31) – Begusarai, Bihar

Himansu Prasad Karna (36) – Angul, Odisha

Sailendri Karna (31) – Angul, Odisha

Online Trading Scam (Rs2.06 crore):
Prins Raj was arrested for his alleged role in an online trading scam in which a Bhubaneswar-based businessman was duped of Rs2.06 crore between December 2024 and March 2025.

The victim was contacted via WhatsApp and added to an investment group.

A fraudster posing as a fund manager convinced him to invest.

The victim transferred Rs2,06,07,500 through 54 transactions into multiple bank accounts.

Police said Prins Raj’s account received a major portion of the funds.

Investment Scam by Couple (Rs1.55 crore):
In a separate case, Himansu Karna and his wife Sailendri Karna allegedly cheated another businessman of Rs1.55 crore through a fraudulent investment scheme in April last year.

Police officials confirmed that multiple suspects have already been arrested, and further investigation is ongoing to trace the remaining network involved in the fraud.

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