Digital Scam Unveiled: Two Arrested in Fake Trading Scheme

Two young men have been arrested for allegedly defrauding a Delhi resident of Rs 2 lakh via a fake online trading scheme, police reported on Monday.

The accused, Abhishek, 23, and Sumit, 22, were apprehended following a digital investigation after Puneet Grover lodged a complaint on the National Crime Records Bureau portal on March 15. Grover detailed receiving a suspicious message promising lucrative trading investments.

Initially, Grover was persuaded to invest Rs 10,000, which returned Rs 18,000, gaining his trust. Later, he was convinced to invest Rs 2 lakh with a promise of fourfold returns. However, after transferring the amount in multiple transactions, Grover discovered his funds were inaccessible, and the alleged culprits ceased communication. Through technical surveillance, police traced the suspects: Abhishek linked to the SIM card and Sumit to the fraudulent bank account where Rs 50,000 was transferred.