Jabalpur (Madhya Pradesh): A man in Jabalpur was duped of ₹19.5 lakh by fraudsters who promised to double his money through share trading on Sunday.
The victim, Deepanshu Gupta, reported the scam to the cyber cell, leading to an investigation.
The police arrested one of the accused, Vikas Yadav, in Kanichinawa, Rajasthan.
Reports suggest that the fraudsters operated through a fake platform named “Cyber Thakur Link” to lure and deceive their victims.
During the interrogation, Vikas admitted to receiving ₹10 lakh in his bank account, which was part of the defrauded amount. The police managed to trace him by tracking the financial transactions linked to the victim’s complaint. The accused had used an e-KYC verification process to facilitate the fraudulent transfers, which ultimately helped the authorities pinpoint his location.
Meanwhile, the police are intensifying efforts to identify and apprehend other suspects involved in the scam. Investigators believe the fraud was orchestrated by a network of individuals, and further interrogations of the arrested accused are expected to provide crucial leads.
Efforts are ongoing to locate other suspects involved in the scam.
