Delhi Police busts Rs 47 lakh online stock fraud, two held

Delhi Police busts Rs 47 lakh online stock fraud, two held

NEW DELHI [Maha Media]: The Delhi Police has arrested two men for allegedly duping people of over Rs 47 lakh in an online stock trading scam while working at the behest of a Chinese handler, an official said on Saturday.

The accused, identified as Sahil Yadav (25) and Aryan (22), both residents of Patna in Bihar, were apprehended following a probe into an FIR registered in June after a complainant reported being coerced into transferring Rs 47.23 lakh under fabricated threats, he said.

According to police, the victim was lured through a social media group that promoted stock trading schemes under the pretext of immediate buy, immediate sell and IPO rating traps.
 

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