New Delhi, Nov. 24 -- With the arrest of four people, Delhi Police's crime branch has claimed to bust a Rs.7 crore investment fraud nexus which was operational across the country. The accused, police said, were operating a multi-layered money-routing system with the help of Dubai-based handlers and fake stock trading platforms. While the gang has been active for around eight months, complaints about a London-based financial services firm started coming in April, claiming that representatives of the firm had cheated some people. Police said one of the complainant was convinced to invest close to Rs.6 crore in a high-return trading account on social media. After initially showing fabricated profits, the syndicate blocked access to withdrawals and stopped responding. Other National Cybercrime Reporting Portal (NCRP) complaints revealed more than Rs.1.1 crore has been cheated. Aditya Gautam, deputy commissioner of police (DCP) crime, said, "During investigation, police found that the cheated amount was diverted into 33 bank accounts to obscure the trail. Multiple layers of shell companies and rapid withdrawals were used to break traceability." He said the team traced the source of few of the accounts and raids were conducted in Uttarakhand's Haldwani, from where the four arrests have been made. The accused, Anas Ansari, 22; Mohd Kaif, 22; Akib, 40; and Md Danish 22 - were not only working as mule account operators who provided bank accounts, ATM cards, OTP access and withdrew cash on commission for syndicate handlers, but also worked with a Dubai-based handler. "They opened shell companies with Mumbai addresses and were involved in diverting funds through layers to evade police," said an in investigator. In a separate operation, the cyber cell also arrested two people who allegedly facilitated another scam involving an investment platform, wherein a complainant lost Rs.2.3 crore....