Delhi Police Arrests Cyber Criminals in Stock Market Fraud Case

Delhi Police apprehended three cyber criminals involved in a stock market fraud that duped people with promises of high returns. They were caught in Rajasthan and Punjab. A victim, Vishal from Pitampura, lost Rs 22 lakh. Further investigation continues.

Delhi Police have successfully arrested three cyber criminals accused of defrauding individuals on the pretext of offering lucrative returns in the stock market.

The arrests were made in Jaipur, Rajasthan, and Kharar, Punjab, following a detailed investigation that started with a complaint from Vishal, a resident of Pitampura, Delhi.

Deputy Commissioner of Police (Outer), Jimmy Chiram, reported that Vishal had encountered an advertisement on social media promising high returns on stock market investments. This led him to join a messaging group filled with fake members and fabricated success stories. Vishal lost Rs 22 lakh in the scam and was further asked to deposit extra money under the guise of taxes. Following the complaint, the police identified two locations and arrested Kapil Guru (47) and his associates, Harender Singh Rathore (42) and Laxmi Kant (47). They confiscated four mobile phones and one debit card. Investigations are ongoing.

(With inputs from agencies.)