Surat Cyber Crime Cell busts interstate investment scam; arrests five in Rs 27.2 lakh fraud case

AHMEDABAD: In a major breakthrough against organised cyber fraud, Gujarat’s Surat Cyber Crime Cell has dismantled an interstate investment scam by arresting five alleged members of a gang that cheated a Surat resident of Rs 27.20 lakh by luring him into a fake share market trading scheme.

The accused, operating from Odisha and West Bengal, allegedly used fabricated investment platforms, bogus companies and fraudulent bank accounts to trap unsuspecting investors with promises of extraordinary stock market returns.

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