New Delhi: This is a major breakthrough Shahdara Cyber Police Station A Chinese citizen was arrested, Fang Chenjinwith a major Internet fraud case.
It is alleged that the accused defrauded numerous individuals of over Rs 4.35 crore in a well-planned online stock trading scam through a WhatsApp group.
According to police, Fang Chenjin’s arrest exposed his involvement in a larger cybercrime network. Further investigations linked him to two other major fraud cases involving money laundering and cyber crime in Andhra Pradesh and Uttar Pradesh.
In addition, a staggering number of 17 criminal complaints were registered online. Cyber Crime Portalall of which are connected to the same Financial Insurance Bank account. The total amount defrauded in these cases was as high as Rs 100 crore.
Police are continuing to investigate and more details are expected to be released.
DCP ShahdaraPrashant Gautam confirmed the arrests and assured that authorities are working tirelessly to identify the complex cybercrime network and bring the perpetrators to justice.