Gurugram cyber cops arrest two for online investment app fraud

Gurugram Cyber Police have arrested two cyber fraudsters in connection with an online investment scam that duped victims by luring them with promises of high profits through an app-based task completion scheme. The arrests followed the registration of an FIR at the Cyber Crime (West) police station.

According to the police, a local resident lodged a complaint on June 1, stating that they were defrauded by individuals promoting lucrative returns through investment tasks on an online application. Acting on the complaint, a team led by ACP (Cyber) Priyanshu Dewan initiated an investigation and arrested two suspects from Gurugram.

The accused have been identified as J Shivram, a native of Chennai and Anil Kumar Joseph, a resident of Ernakulam, Kerala.

“During interrogation, it was revealed that Rs 1 lakh, defrauded in this case, was transferred to a bank account held by J Shivram. He had opened more than five current bank accounts under a firm’s name and sold them to Anil Kumar Joseph for Rs 25 lakh. In turn, Joseph sold these accounts to cyber fraudsters for Rs 27 lakh,” said the ACP.