The Delhi Police have dismantled three multi-state cyber-fraud networks involved in high-value investment scams, fake trading platforms and KYC-based deception, officials said on Wednesday.
Three accused were arrested in coordinated operations across Delhi-NCR, Haryana and Jharkhand.
Investment scam module:
The first case involved an online investment fraud of ₹33.10 lakh registered in southwest Delhi. Investigators found that several bank accounts were opened fraudulently in the name of Belcrest India Pvt Ltd, already linked to 57 cyber-fraud complaints nationwide.
The accused, Lakshay of Najafgarh, was arrested on November 19. He had also floated another shell firm, Nextoverse IT Solutions Pvt Ltd, police said.
Fake trading app module:
In the second case, a victim was duped of ₹53.05 lakh through a fake trading application impersonating a legitimate financial platform.
The money was routed through multiple mule accounts, including one operated under RS Enterprises. Its operator, Ramveer of Faridabad, was arrested on November 18 in Karnal.
KYC fraud module:
The third operation targeted a Jamtara-style KYC scam of ₹5.75 lakh. Accused Rajesh Mandal of Giridih, Jharkhand, posed as a bank official to obtain the victim’s credentials and used remote-access software to buy premium gadgets later delivered to Kolkata.
Police said further investigation is underway to identify additional links in the networks.
