ZisNews - Breaking News & Updates

NEw new new delhi, The Delhi police force has arrested 2 men in divide cases of cyber-fraud of duping victims of more than ₹50 lakh through online investment scams, an official said on Saturday.The accused have been identified as Sunil Kumar Reddy, 44, an MBA graduate and business development executive from Anantapur, Andhra Pradesh, and Ayush Semwal, 21, a B.Com third-year student and call-centre employee from Gautam Buddh Nagar, Uttar Pradesh, he said.They used camouflaged investment advisory platforms, fake incentive schemes and counterfeit crypto-trading interfaces to lure victims and siphon off their money.The two arrests were made in separate cases registered under relevant sections of the BNS.In the first case, a complainant reported being cheated of ₹23.8 lakh on the pretext of stock market investment, police said.Sunil allegedly posed as an investment adviser and induced the victim to transfer funds through 15 RTGS and NEFT transactions into multiple accounts.Police said all the identified bank accounts were frozen promptly and ₹5 lakh was refunded to the complainant. After sustained efforts, Reddy was traced and arrested from Anantapur, they added.In the second case, a private employee from Lucknow alleged he was duped of ₹26.49 lakh after being promised online incentives and later pushed into investing in a bogus crypto trading platform.Ayush was involved in moving the cheated funds through mule accounts, police said.At least 18 "Layer-1" bank accounts were used to route and disguise the proceeds of the crime, police said, adding that all accounts linked to the operation were subsequently frozen.During interrogation, Semwal allegedly confessed to selling several bank accounts to an associate in exchange for commissions, police said.He was arrested from his workplace in Noida Sector-58 on November 8.Further investigation is underway, police said.This article was generated from an automated news agency feed without modifications to text.

Global News Perspectives

In today's interconnected world, staying informed about global events is more important than ever. ZisNews provides news coverage from multiple countries, allowing you to compare how different regions report on the same stories. This unique approach helps you gain a broader and more balanced understanding of international affairs. Whether it's politics, business, technology, or cultural trends, ZisNews ensures that you get a well-rounded perspective rather than a one-sided view. Expand your knowledge and see how global narratives unfold from different angles.

Customizable News Feed

At ZisNews, we understand that not every news story interests everyone. That's why we offer a customizable news feed, allowing you to control what you see. By adding keywords, you can filter out unwanted news, blocking articles that contain specific words in their titles or descriptions. This feature enables you to create a personalized experience where you only receive content that aligns with your interests. Register today to take full advantage of this functionality and enjoy a distraction-free news feed.

Like or Comment on News

Stay engaged with the news by interacting with stories that matter to you. Like or dislike articles based on your opinion, and share your thoughts in the comments section. Join discussions, see what others are saying, and be a part of an informed community that values meaningful conversations.

Download the Android App

For a seamless news experience, download the ZisNews Android app. Get instant notifications based on your selected categories and stay updated on breaking news. The app also allows you to block unwanted news, ensuring that you only receive content that aligns with your preferences. Stay connected anytime, anywhere.

Diverse News Categories

With ZisNews, you can explore a wide range of topics, ensuring that you never miss important developments. From Technology and Science to Sports, Politics, and Entertainment, we bring you the latest updates from the world's most trusted sources. Whether you are interested in groundbreaking scientific discoveries, tech innovations, or major sports events, our platform keeps you updated in real-time. Our carefully curated news selection helps you stay ahead, providing accurate and relevant stories tailored to diverse interests.

Two cyber fraudsters dupe victims of ₹50 lakh in separate incidents, held by Delhi Police

Global News Perspectives

Customizable News Feed

Like or Comment on News

Download the Android App

Diverse News Categories

Category News

Country News