Engineer held for running online investment scam
The accused, identified as Krishna Kumar, a B.Tech in mechanical engineering, was the prime executor of the fraud. He lured victims through social media, promising extraordinary returns in stock trading. A team led by Inspector Shiv Ram and supervised by ACP Anil Sharma nabbed him from Kulesara in Greater Noida, UP.
'The fraud targeted victims through a Telegram channel, 'Plus500 Global CS', where fake profit screenshots, fabricated dashboards, and scripted chats were shared,' said DCP (Crime) Aditya Gautam. In this case, the victim invested Rs 6.03 crore in tranches to syndicate-controlled accounts. 'Kumar used fake numbers, routed funds through multiple accounts, and ran two cyber cafés to mask transactions,' the DCP added.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
27 minutes ago
- Time of India
Nexus with contractors? GDA set to transfer 76 supervisors
Ghaziabad: Ghaziabad Development Authority (GDA) is set to transfer 76 supervisors following persistent complaints of collusion with contractors in facilitating illegal construction. Residents also allege that supervisors, working in tandem with private builders, demand hefty sums to overlook unauthorised floors. GDA has around 200 supervisors in the seven zones under it, but its manual does not specify a maximum tenure for postings before an employee can be shifted. Many of the supervisors on the list have been posted in the same zone for more than five years. Officials admitted that supervisors posted in the same zones for years had formed "unholy alliances" with local realtors, and said the reshuffle aimed to curb the spread of illegal colonies, which have risen from 321 in 2021 to 351, occupying around 3,000 acres. You Can Also Check: Noida AQI | Weather in Noida | Bank Holidays in Noida | Public Holidays in Noida | Gold Rates Today in Noida | Silver Rates Today in Noida While the GDA work manual states that a supervisor's role includes reporting any illegal construction to the zone's junior engineer and senior officials but for all practical purposes, they are considered to be GDA's eyes and ears and their foot soldiers. Supervisors are also tasked with checking the quality of construction materials and ensuring that all work is carried out in line with the approved plan. However, their nexus with contractors runs deep. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like A Teaspoon Before Bed Burns Body Fat - Fit Into Your Clothes Again! Health & Family Click Here Undo A Vaishali resident told TOI, a contractor allegedly sought Rs 40,000 on behalf of a GDA official to allow his family to construct an additional floor in their two-storey flat. "We hired a private contractor, prepared a cost estimate, and even had construction material delivered," he said. But that evening, a GDA supervisor reached their house and warned the family that the work violated regulations. Unsure how to proceed, the family considered abandoning the plan. "But the contractor assured me it could be 'managed' for Rs 40,000. Construction went ahead without further interference. Only later did I realise the nexus between contractors and supervisors," he added. According to a GDA official, despite checks and balances, illegal construction has been unabated in the city. "We deduced that many of the supervisors are working in the same zone for years and have developed a nexus with contractors, allowing illegal construction. This nexus needs to be broken, for which GDA has prepared a list of 76 supervisors who will be transferred to other zones." Stay updated with the latest local news from your city on Times of India (TOI). Check upcoming bank holidays , public holidays , and current gold rates and silver prices in your area.
Time of India
27 minutes ago
- Time of India
2.6cr credit card fraud: Gang busted, 18 nabbed
New Delhi: In a six-month operation, the intelligence fusion & strategic operations (IFSO) unit of Delhi Police dismantled a cybercrime syndicate, arresting 18 people allegedly involved in a Rs 2.6-crore fraud. The investigation also uncovered the involvement of call centre employees in Gurgaon, who aided the alleged scammers by leaking confidential details of credit card holders. Police said an FIR was registered against a call centre operating from Kakrola in west Delhi, which served as the operational hub. The accused posed as bank officials to deceive credit card holders into revealing sensitive information, including OTPs and CVVs. This data was used to buy high-value electronic gift cards, later redeemed for booking domestic flight tickets. You Can Also Check: Delhi AQI | Weather in Delhi | Bank Holidays in Delhi | Public Holidays in Delhi | Gold Rates Today in Delhi | Silver Rates Today in Delhi DCP (IFSO) Vineet Kumar said the victims were carefully targeted using data stolen from call centres providing card protection plans. Fraudsters posed as SBI customer care executives and used deceptive phrases like "one-time permission" and "customer value verification code" to gain the victims' trust and extract confidential information. These details were misused in real time for unauthorised online transactions. The syndicate had a clearly defined structure, covering every stage of the cybercrime chain — callers, SIM card providers, insider data sources, money handlers and masterminds. According to police, the masterminds — Ankit Rathi, Waseem and Vishal Bhardwaj — orchestrated the scam while insiders from a call centre in Gurgaon, Vishesh Lahori alias Paji and Durgesh Dhakad, leaked confidential customer data. The operational team, comprising Rahul Vishwakarma, Pawan Bisht, Kailash Purohit alias Kabir, Himanshu Chugh alias Babu and Ravin Saini, allegedly executed the phishing calls. Meanwhile, Akhilesh Lakhotia and Harsh Chauhan handled the conversion of stolen funds through crypto (USDT) and cash via resale of gift cards, said investigators. Shivam Sehrawat was allegedly responsible for providing SIM cards. The scam spanned across multiple states but notably avoided targeting SBI customers in Delhi, probably as a precaution to avoid early detection, said police. During the crackdown, police recovered 52 mobile phones, numerous SIM cards and compromised bank data. Investigations also exposed critical security lapses at the call centre. Some employees, working there since 2019, systematically leaked sensitive banking information. This ongoing breach raises serious concerns about the company's internal security protocols, given its access to sensitive financial data of major banks. Stay updated with the latest local news from your city on Times of India (TOI). Check upcoming bank holidays , public holidays , and current gold rates and silver prices in your area.
Time of India
27 minutes ago
- Time of India
Extortion Call From Thailand: Gang Busted, Three Arrested
New Delhi: Three friends, including a graduate from London School of Economics, were arrested for allegedly making a Rs 2-crore extortion call by impersonating well-known gangster Himanshu Bhau. Police said the trio was in debt and devised the plot to repay it. They travelled to Thailand to buy international SIM cards, which they used to send the threats, hoping it would appear more convincing and help them evade law agencies, police said. The accused, identified as Sumit (42), Prince (35) and Nitish (31), were businessmen and residents of west Delhi. A businessman based in central Delhi filed a complaint claiming that he had received a threatening international WhatsApp call from an unknown number. The caller, claiming to be Bhau, sent a QR code for a cryptocurrency payment of Rs 2 crore. He also threatened that the businessman's children would be killed if the demands were not met. You Can Also Check: Delhi AQI | Weather in Delhi | Bank Holidays in Delhi | Public Holidays in Delhi | Gold Rates Today in Delhi | Silver Rates Today in Delhi A case was registered, and deputy commissioner of police (central) Nidhin Valsan formed a team under ACP (Paharganj) Saurabh A Narender. Station house officer (cyber) Sandeep was part of it. The technical team employed cyber tools to trace the origins of the international WhatsApp call and the QR code to Thailand. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Could This NEW Collagen Blend Finally Reduce Your Cellulite? Vitauthority Learn More Undo "Once the suspects returned to India, they were immediately apprehended," the DCP said. "One of them, Nitish, holds a master's degree in a course related to software management from London School of Economics," he added. Two mobile phones used to generate the cryptocurrency QR code and make the call were also seized, Valsan said. All three accused told police that they were heavily in debt and plotted the call to pay it off in an easy way. Sumit, who runs a jewellery business, was well acquainted with the complainant and his family. To instil fear, they used Bhau's name. They devised the plot in India, said police. "Sumit was in debt of around Rs 60 lakh, Nitish owed Rs 10-20 lakh and Prince had liabilities amounting to Rs 1-2 crore," an officer said. Nitish was involved in the tour and travel industry while Prince was engaged in the finance sector. Stay updated with the latest local news from your city on Times of India (TOI). Check upcoming bank holidays , public holidays , and current gold rates and silver prices in your area.
