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Delhi Police Uncover Complex Online Investment Scam Linked to Foreign Handlers
The Delhi Police have made significant progress in cracking down on a sophisticated online investment scam tied to foreign handlers and mule accounts.
- Three individuals, including a private bank relationship manager, have been apprehended for their involvement in the scheme.
- The investigation was triggered by a complaint from Aman Babu Maurya, who reported being defrauded out of ₹10,000 through an investment scheme.
The police discovered that the funds were transferred into a mule account held at a private bank in Mayur Vihar, East Delhi.
“The scheme involved a structured operation, utilizing encrypted communication channels and bank accounts opened and operated for illicit transactions.” – Police official
A reverse-trail investigation is underway to identify the individuals behind the money flow and the broader network linked to the scam.
Key Developments:
- Arrest of Shokin, the proprietor of the private firm whose name was used to open the mule account.
- Implication of Shokin’s nephew, Sharuk alias Jojo, who allegedly induced him to open the account.
- Subsequent raids led to the arrest of Sharuk and a private bank employee, Franshu Kumar, who reportedly facilitated the opening of mule accounts for financial gain.
The operation has highlighted how bank accounts were exploited as part of a complex cyber-fraud chain connected to online investment scams.
As authorities continue to investigate, they aim to dismantle the larger network and bring those responsible to justice.
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