Cybercrime – Three Arrested in Rs 15 Lakh Investment Fraud Targeting DRDO Employee
Cybercrime – A government employee associated with the Defence Research and Development Organisation (DRDO) became the victim of a sophisticated online investment scam that allegedly resulted in a financial loss of more than Rs 15 lakh. Police have now arrested three individuals in connection with the case after a lengthy investigation involving digital tracking and technical analysis.
Arrests Made After Extensive Investigation
The accused have been identified as Sandeep Sain, 30, and Parikshit, 23, both residents of Haryana, along with Sachin Jhakkar, 25, from Rajasthan. Authorities claim the trio played a role in deceiving the victim through a fraudulent investment network that operated using messaging platforms and fake online earning schemes.
According to police officials, the arrests were made following sustained efforts to trace those involved in the cybercrime. Investigators used technical surveillance methods and examined electronic evidence before locating the suspects. Sandeep was apprehended in Karnal on June 7, while Sachin Jhakkar and Parikshit were taken into custody a few days later.
Complaint Triggered Police Action
The case originated from a complaint filed on July 14 last year. The complainant reported that he had been approached through WhatsApp by individuals claiming to represent a company offering work-from-home opportunities linked to property rental ratings and leasing assignments.
After the initial contact, he was added to a Telegram group where he received guidance and instructions regarding the tasks. The victim was reportedly encouraged to register on several websites and participate in activities that promised attractive returns.
Small Profits Built Trust
Investigators said the fraudsters carefully gained the victim’s confidence by allowing him to earn small amounts during the early stages of participation. These payments created the impression that the platform was legitimate and profitable.
As trust increased, the scammers introduced more lucrative-looking options, including so-called “charter leases,” “bonus tasks,” and other investment-related opportunities. The victim was persuaded to deposit increasingly larger amounts of money with the expectation of receiving higher returns.
Losses Crossed Rs 15 Lakh
Over time, the complainant transferred funds on multiple occasions. The amount displayed in his online account appeared to grow, reinforcing the belief that his investments were generating profits.
However, when he attempted to withdraw the money, the fraudsters allegedly imposed a new condition. They demanded an additional payment equal to 50 percent of the account balance, describing it as a withdrawal penalty. By then, the victim had already transferred approximately Rs 15.74 lakh.
Police said no withdrawal request was processed and none of the invested money was returned. Realising that he had been deceived, the victim approached law enforcement authorities and reported the matter.
Cyber Fraud Tactics Under Scrutiny
Investigators believe the case highlights a common pattern used by organised cybercriminal groups. Victims are often lured through seemingly legitimate work-from-home offers and are gradually encouraged to invest larger sums after receiving small initial rewards.
Police have urged citizens to exercise caution when dealing with online investment opportunities, especially those promoted through social media platforms, messaging applications, or unknown websites. Authorities also advised people to verify the authenticity of any company before transferring money and to report suspicious activities immediately.
The investigation remains ongoing as officials examine whether additional individuals may have been involved in the operation.