Two men from Delhi were arrested by the wing of cyber crime of Hyderabad for the cheating of an entrepreneur based on Hyderabad in business and investment fraud 9.5 ₹ Lakh. The police said the duo was involved in at least 17 such cases throughout India.
The defendant, AmarNath Singh, 39 and Ranveer Singh, 46, were taken into custody in this context. Singh, Rampal Chowk resident in Dwarka, stylized himself as the CEO of a fraudulent company, while the Ranveer Singh from the village of Palam in the southwestern Delhi served as his marketing leader.
The arrest monitors a complaint of a 32 -year -old victim reporting that cybernetic scammers combined it after promising to ensure business orders for their products. The scammers initially contacted the victim on the phone and convinced him to pay the registration fee to become their client. Then they sent the produced e -mail and claimed that there was high demand on its products on the national and international markets.
The entrepreneur trusted these claims and followed the instructions and transferred a total of 9.50 531 GBP to various fees. However, as soon as payments are received, fraudsters interrupted all communication.
The investigation revealed that fraudsters worked primarily by addressing victims through social media platforms and direct calls, pretending to offer instructions for commercial expansion, trading and securing international orders. They persuaded the victims to invest in export companies, quoted them with high demand and manipulated their payments under various pretexts such as legal and registration fee.
During the police operation, the police confiscated four mobile phones together with the company’s registration documents and other materials related to the fraudulent activities that are analyzed.
Published – March 26, 2025 20:33
