The cyber cell of Delhi Police has revealed a big cheating gang. This gang was grabbing crores of rupees to traders across the country for fake investment. The police have arrested one of the accused from Ahmedabad, while the search for the remaining accused is going on. About Rs 43 lakh cash, a car and several expensive mobile phones have been recovered from the arrested accused.
Fraud in online meeting
According to the police, the complaint was lodged on 8 July 2025. The Chief Operating Officer of a company in Dariyaganj said that in January some people from Maharashtra joined the company. He sought documents and checks by pretending to invest in CSR Fund.
The accused continued to meet the company several times online and on February 25, he took 69 lakh rupees from the representatives of the company in cash. In return, he sent a screenshot of fake RTGS. After this, the accused and his gang escaped.
Cyber cell takes major action
After receiving the complaint, an FIR was lodged at the cyber police station and a special team was formed. After about 15 days of investigation and raids in Ahmedabad-Mumbai, the police arrested an accused named Jitendra from Mumbai.
During interrogation, he confessed that he works for a mastermind named Manish Badani. Police said that the method of gang was to open temporary offices in different cities and cheat traders by cheating them, then escaped.
Arrested accused opened many secrets
The arrested accused also told the police that similarly there was a cheating of Rs 3 crore from a doctor in Mumbai. This method of the gang worked very easily because they used to win trust by showing fake documents and fake transactions screenshots to businessmen.
Delhi Police is now looking for the rest of the absconding accused. Police say that their aim is to catch the entire network and make up for the loss of traders. The cyber cell has also warned people to be careful and said that always confirm documents and transactions in any investment.