UP Police Busts Rs 15 Crore 'Currency Trading' Fraud, 1 Arrested: Cops
NDTV
Around 500 such accounts were opened and people duped to the tune of Rs 15 crore by a gang, whose key member has been arrested from Dewas in Madhya Pradesh, police said.
With the arrest of one person from Madhya Pradesh, the Cyber Crime wing of Uttar Pradesh Police on Tuesday claimed to have busted a pan-India "currency trading" fraud involving fake demat accounts.
Around 500 such accounts were opened and people duped to the tune of Rs 15 crore by a gang, whose key member has been arrested from Dewas in Madhya Pradesh, police said.
A team from the Cyber Crime police station in Noida led by Inspector Reeta Yadav was investigating a complaint of a Ghaziabad resident, who claimed that he was duped of Rs 15 lakh on the pretext of investment in currency trading.
The arrested person was identified as Shoib Mansoori (24), the Uttar Pradesh Cyber Police said in a statement.
