Cybercrime Bust: Two Fraud Networks Exposed, ₹31 Lakh Investment Scam Uncovered — Here’s How to Stay Safe

In a major crackdown on online fraud, the Crime Branch of the national capital’s police has dismantled two separate cybercrime networks involved in large-scale financial deception. The accused were targeting unsuspecting individuals through fake investment schemes and impersonation tactics, leading to losses running into lakhs of rupees. Authorities have arrested two individuals and seized a significant cache of banking instruments, electronic devices, and cash during the operation.

Massive Recovery During Investigation

During the raids, the police recovered 38 ATM cards, 51 cheque books, four mobile phones, and approximately ₹2.45 lakh in cash from the accused. Investigators revealed that both networks were operating by routing fraud proceeds through multiple fake or mule bank accounts, making it difficult for victims to trace the money. The arrested individuals allegedly earned substantial commissions by facilitating these illegal transactions.

₹31 Lakh Lost in Fake Online Investment Scheme

In the first case, a complainant reported being cheated of ₹31.45 lakh under the guise of online investment opportunities. According to police officials, the victim was added to a messaging app group where lucrative returns were promised. The fraudsters then directed the victim to transfer money through a mobile application to various bank accounts.

Once the funds were transferred, the victim was abruptly removed from the group, and all communication ceased. Further investigation revealed that the money was rapidly circulated across several accounts to avoid detection. One of the accused admitted to withdrawing funds from these accounts and keeping a sizeable portion as commission.

Impersonation Scam Using Fear and Authority

The second case involved a more sophisticated impersonation racket. A complainant received a call from an unknown number, where the caller claimed to be an official from a foreign diplomatic office. The victim was falsely told that certain clearances were required to avoid legal trouble related to overseas travel.

To intensify the pressure, the fraudsters conducted video calls posing as law enforcement officers and cyber experts. By creating fear and urgency, they managed to extort nearly ₹30 lakh from the victim. Investigators found that the amount was transferred to multiple accounts within minutes, a common tactic used to erase money trails. The accused involved in this case has also been taken into custody.

How These Fraud Networks Operate

Police officials stated that such cybercrime networks typically rely on fake identities, rented bank accounts, and digital wallets to move money quickly. The accused often recruit account holders in exchange for commissions, creating layers that complicate investigations. Online investment fraud and impersonation scams remain among the fastest-growing cybercrime categories.

What To Do If You Fall Victim to Online Fraud

If you suspect that you have been targeted or scammed online, it is crucial to act quickly and calmly. Avoid engaging further with the fraudsters, as this may worsen the situation. Preserve all evidence, including screenshots, call logs, transaction details, messages, and emails.

Report the incident immediately on the national cybercrime reporting portal (cybercrime.gov.in) or call the cybercrime helpline number 1930. Early reporting significantly increases the chances of freezing fraudulent transactions and recovering funds.

Practical Tips to Stay Safe Online

• Do not trust unsolicited investment offers promising high or guaranteed returns.

• Avoid clicking on unknown links or downloading unfamiliar apps.

• Never share OTPs, banking credentials, or personal details over calls or messages.

• Verify the identity of anyone claiming to be an official authority.

• Regularly monitor bank statements and digital payment alerts.

Cyber experts also recommend consulting financial advisors before making online investments and enabling transaction alerts on all bank accounts.

Final Word

The recent bust highlights how organized and convincing cyber fraud networks have become. While law enforcement agencies are intensifying their efforts, individual awareness remains the strongest defense. Staying informed, cautious, and proactive can help prevent financial losses and ensure digital safety in an increasingly connected world.