Inter-State cyber fraud syndicate busted, 4 held

Delhi Police here have busted a cyber-fraud syndicate that allegedly cheated people across several States of more than Rs 10 crore through fake online trading platforms.

Four members of the network have been arrested. The action comes after a case was registered on June 14 on the complaint of a man who lost Rs 49.35 lakh to a fraudulent investment website, officials said on Saturday.

The police said that the scrutiny of the bank accounts linked to the accused revealed their involvement in over 67 cybercrime complaints and FIRs across Karnataka, Maharashtra, Gujarat, Tamil Nadu and other States.