Chandigarh, June 18 -- Punjab Police's State Cyber Crime Division has busted a multi-crore inter-state gang involved in an elaborate investment fraud, arresting two key accused from Panchkula and Abohar. The gang, active across 14 states, is believed to be behind 34 cyber fraud complaints involving a total estimated scam amount of over Rs eight crore.
The state Director General of Police (DGP) Gaurav Yadav on Tuesday said that the arrests were made as part of the ongoing drive to make Punjab a cyber-secure state. "The arrested individuals - Varun Kumar from Panchkula and Sahil Sethi from Abohar - played significant roles in the cyber investment scam by operating mule bank accounts used to siphon off funds from victims across India," said t...