Delhi Police have arrested five individuals involved in an international cyber cheating gang responsible for duping people with promises of high returns. The gang, with origins in Dubai and the Philippines, defrauded victims through investments on the Telegram app. The complainant, Ashish Agarwal, lost approximately Rs 30 lakhs ($40,000) in the scam.
During the investigation, police obtained bank account details and call records linked to the accused’s bank accounts. The probe revealed that the defrauded money was transferred to 25 bank accounts in various banks and cities. The accused also created fake companies and used forged documents to open current bank accounts. Further investigation is ongoing to apprehend other individuals involved in this cyber-cheating network.