A unit of cyber crime in Hyderabad Police arrested a 22 -year -old man from Navi Mumbai in connection with a large investment fraud that cheated on the city by the inhabitants of nearly 2.44 crore.
The defendant, Rashmit Rajendra Patil, allegedly played the role of an “account supplier” in a network of fraudulent fraudulent applications for stock trading.
According to the police officer in the field of cyber crime, the victim, a 56 -year -old man from Hyderabad, was lured by social media to download mobile applications linked to stock trading platforms.
“Initially supported by what seemed like daily profits and smooth selections, the victim eventually transferred a stunning 2,43,95,000 GBP to various applications related to applications,” the officer said.
The fraudsters used telegram, WhatsApp and other social media platforms to promise a massive return on short -term investments and to present fake profit dashboard to attract victims.
“Rashmit Patil, who lives in sector 21, Nerul, Navi Mumbai, was reportedly responsible for the supply of bank accounts to obtain stolen funds. Mobile resources were confiscated during arrest.
Anyone who has become a victim of similar fraud is recommended to call a 1930 cyber crime line or report an incident
Published – April 20, 2025 17:32
