Rajasthan man held for Rs 19 lakh online Ponzi scam promising 28% monthly return in Delhi

NEW DELHI: A 31-year-old man from Rajasthan has been arrested for allegedly defrauding a couple by promising a 28% monthly return on their investment, police said on Tuesday.

The accused, Vinod Kumar, hailing from Sri Ganganagar, ran an online Ponzi scheme named “Dollar Win Exchange.”

According to police, in November 2024, the victim’s wife came across video promoting high-return investment plans. After clicking a link, the couple joined a social media group and was lured to invest starting from Rs 1,000.