Cybercrime – Delhi Police Bust Interstate Investment Fraud Network With Cambodia Links
Cybercrime – Delhi Police has dismantled an alleged interstate cyber fraud racket that reportedly operated fake investment schemes through international communication networks. Authorities said the operation involved several educated individuals who used fabricated online trading platforms to deceive victims into transferring large sums of money.
Delhi Police has arrested eight people accused of running an organised investment fraud syndicate allegedly connected to cybercrime operators based in Cambodia. Officials said the group used social media messaging platforms and fake stock market investment schemes to cheat people across multiple states.
Fraud Operated Through Messaging Groups
According to investigators, the accused created and managed WhatsApp groups using foreign mobile numbers, most of them reportedly linked to Cambodia. Victims were approached with promises of high profits through online stock trading and investment opportunities.
Police said the fraudsters circulated manipulated screenshots showing fake returns and successful trades to gain the confidence of potential investors. Once trust was established, victims were encouraged to transfer money into different bank accounts provided by the accused.
Investigators believe the operation was carefully planned and targeted people interested in stock market investments and quick financial gains.
Arrested Accused Include Qualified Professionals
The arrested individuals have been identified as Harmanjot Singh and Qaisar Masoodi from Punjab, Abhishek from Haryana, Mohammad Zahid and Amir Malik from Delhi, along with Amarjeet Ahirwar, Alok Sharma and Anant Pandey from Madhya Pradesh.
Police officials stated that several of the accused possessed professional educational qualifications, including B-Tech degrees, MBA credentials and cyber security diplomas. Authorities suspect their technical knowledge may have helped the group manage digital operations and financial transactions linked to the fraud.
Complaint Led to Major Investigation
The case surfaced in March after a man filed a complaint alleging he had lost nearly Rs 24 lakh in an online investment scam. According to police, the complainant was added to a WhatsApp group where administrators promoted what appeared to be a legitimate stock trading platform.
The victim reportedly became convinced after seeing screenshots displaying large profits earned by other supposed investors. Investigators said the complainant then transferred money to several bank accounts over a period of time, believing he was participating in genuine stock market trading activities.
After the victim failed to withdraw the promised returns, suspicions grew and the matter was reported to law enforcement authorities.
Multiple Bank Accounts Under Scanner
Deputy Commissioner of Police Amit Goel said investigators later discovered that the fraudulent trading website had been shut down after the scam was carried out. Officials found that the money collected from victims was allegedly routed through multiple mule bank accounts created using shell companies in different states.
Police revealed that around 60 complaints have so far been linked to the network. Financial transactions associated with the suspected accounts reportedly reached nearly Rs 4.5 crore within just two weeks.
Authorities are now examining the digital trail, banking records and communication details to identify additional people who may have been connected to the operation. Investigators are also looking into possible international links and the role of overseas cyber fraud networks.
Police Continue Wider Cyber Fraud Probe
Officials said the investigation remains ongoing and more arrests could follow as forensic analysis and financial tracking continue. Cybercrime experts are assisting police teams in tracing online infrastructure, transaction routes and communication channels used by the accused.
Delhi Police has also advised citizens to remain cautious while investing through online platforms promoted on social media or messaging applications. Authorities urged people to verify investment companies and avoid transferring funds based solely on online claims or screenshots of profits.