Odisha crime branch arrests Bengal youth in connection with Rs 2.36 crore online fraud

Odisha’s crime branch has arrested a key accused from Bengal in connection with an online investment fraud involving over ₹2.36 crore.

The accused has been identified as Nikhil Jaiswal, 23. He is a resident of Kidderpore in Calcutta.

According to a crime branch release, a 50-year-old complainant from Purighat, Cuttack, reported that he had been defrauded through a WhatsApp group named “C-51 ICICI Securities Official Stock.” The fraudsters lured him into investing in stocks and IPOs through fake apps, initially offering small profits to gain his trust.