India, Nov. 16 -- The Delhi Police has arrested two men in separate cases of cyber-fraud of duping victims of more than Rs 50 lakh through online investment scams.
The accused have been identified as Sunil Kumar Reddy, 44, an MBA graduate and business development executive from Anantapur, Andhra Pradesh, and Ayush Semwal, 21, a B Com third-year student and call centre employee from Gautam Buddh Nagar, Uttar Pradesh, he said.
They used camouflaged investment advisory platforms, fake incentive schemes and counterfeit crypto-trading interfaces to lure victims and siphon off their money.
The two arrests were made in separate cases registered under relevant sections of the BNS.
In the first case, a complainant reported being cheated of Rs 23...