New Delhi, May 20 -- In a significant breakthrough, the Cyber Police Station of Delhi's Outer North District has busted an elaborate online investment fraud operation, leading to the arrest of 29-year-old Jitendra Sharma.

The accused allegedly ran a racket that impersonated Aditya Birla Capital through fake trading applications and duped multiple victims across North India out of nearly Rs 48 lakh.

The investigation was launched following a formal complaint from Vinay Singhal, who alleged that he was deceived through a fraudulent investment platform operating under the name "Aditya Birla Group Investment Group." The complainant had been contacted via Instagram and WhatsApp and was coaxed into downloading a fake trading app that closely ...