Seven people were arrested from Rajasthan on March 26 for their involvement in a fraudulent investment scheme that cheated a woman out of Rs 85 lakh. The accused, including Anshul Yadav, Jitendra Jaiswal, Harshit Yadav, Yashwant, Ankur Sharma, Manoj Saini, all from Rajasthan’s Alwar district, allegedly promised the woman substantial returns on her stock market investments. When she attempted to withdraw her money, the scammers blocked her account and ceased all communication.
On February 27, the victim from Gurgaon filed a complaint, describing how she was tricked into transferring large sums of money to various bank accounts. The accused had shown her consistent profits on a virtual account but turned off communication when she tried to recover her funds.
Based on the complaint, a case was registered under sections 318 (4) (cheating and dishonestly inducing delivery of property) of BNS. In their investigation, police discovered that Rs 64 lakh of the defrauded money was transferred to six bank accounts. The bank account holders were arrested, and during questioning, they admitted to selling their bank accounts to Shailendra alias Senti, a resident of Alwar, for Rs 20,000 each. Shailendra was arrested the same day.
The accused were presented in court and sent into judicial remand on March 27. Authorities were able to freeze Rs 20 lakh from various accounts, and further investigations are underway to identify additional suspects and recover the remaining defrauded amount.
Meanwhile, Himanshu Swami, a 28-year-old man from Nakhrola, Gurgaon, was arrested on March 25 by the Hyderabad Cybercrime Police. Himanshu was found to be supplying bank accounts to cyber crooks who were running investment fraud rackets. He was linked to 43 fraud cases across India, including one involving a Rs 20 lakh fraud. Himanshu, a native of Rajasthan, was remanded in judicial custody after being presented in court in Hyderabad.
The investigations continue as authorities work to identify and apprehend other individuals involved in these fraud schemes.
