24 people held by Crime Branch in Rs 6.28 crore cyber fraud case

CUTTACK: The Crime Branch of Odisha Police on Wednesday claimed to have busted a cyber fraud syndicate with the arrest of 24 people involved in swindling Rs 6.28 crore.

Briefing mediapersons, Crime Branch ADG Vinaytosh Mishra said on August 24, senior officer of JSPL, Angul Kuntal Majumdar filed a complaint in Cyber police station, Cuttack alleging that he was randomly added to a WhatsApp trading group ‘Kotak Investment Club’. Believing it to be genuine and after being persuaded by the group admin, Majumdar invested Rs 6.28 crore in purchasing 2,540,000 shares, each at Rs 19, between August 1 and 7.