New Delhi, 19 November (HS). Feng, a Chinese citizen who cheated people on the pretext of investing in the stock market, has been arrested by the cyber cell of Shahdara district. The accused, along with his associates, has defrauded more than Rs 100 crore. Shahdara district DCP Prashant Gautam said that the accused has been identified as Feng Chenjin. He came to India in April 2020 on a visa to work for a Tiaw. company in Andhra Pradesh. At the time of his arrest by Andhra Police his visa was valid and both passport and visa were confiscated by Andhra Police. Now he has no valid visa. According to the DCP, the accused Feng Chenjin has been involved in two similar cases earlier also. The accused was arrested after technical surveillance. A mobile phone with IMEI number 86269406720421, which was used to facilitate the transaction, was recovered from the possession of the accused. Investigation revealed that there were 17 similar complaints related to fraudulent Fincare bank accounts. So far investigation has revealed that the accused has defrauded more than Rs 100 crore.
According to the police, the accused Feng Chenjin used to cheat through online stock trading scams through WhatsApp groups.
A complaint was filed against the accused
According to the police, a complaint was filed on the cyber crime portal by Suresh Kolichiyil Achuthan on July 24, 2024. In which the complainant said that he was lured into fraudulent stock market training sessions and later duped into investing Rs 43.5 lakh in several transactions. Police registered a case and started investigating the matter. Taking the matter seriously, a team was formed under the supervision of SHO/Cyber Inspector M.sh Kumar.
This is how the fraud was revealed
During the investigation, the police obtained details of the bank accounts to which the defrauded amount was transferred and analyzed the call details of the suspected mobile number. A thorough investigation and technical analysis was carried out in respect of bank accounts and mobile numbers linked to all suspected persons.
After came to know about the accused. After which the police arrested the accused from Safdarjung area.
