Two held in Rs 1-cr cyber fraud case

The Faridabad police have arrested two men involved in a cyber fraud case of over Rs 1 crore, where victims were lured with promises of large profits through investments in the share market. Authorities seized 86 blank cheques, 10 bank passbooks, 15 debit cards and five mobile phones from the duo.

As per the police, a resident of Baselwa Colony, Faridabad, filed a complaint stating that he was added to a WhatsApp group in which alleged stock market tips were being shared. Following this, the accused persuaded him to download two mobile applications, through which he created investment accounts. Over time, he invested a total sum of Rs 1,12,89,135 in the share market via various transactions.

However, when he attempted to withdraw the funds, he was unable to access them. Based on the complaint, a case was registered under relevant sections at Cyber Police Station Central, Faridabad.

During the investigation, the cyber cell team arrested two accused from Surat, Gujarat, on Friday. The arrested individuals have been identified as Ajit (29) and Vivek (23), both residents of Surat.