India, Dec. 29 -- The Inter State Cell (ISC) of the Delhi Police Crime Branch has dismantled a well-organised inter-state cyber fraud network involved in digital arrest scams, online investment fraud and large-scale money laundering across several states. Two key accused have been arrested in two separate cases, with investigators tracing a financial trail amounting to crores of rupees.

In the first case, a resident of Bank Enclave in New Delhi was cheated of Rs.31.45 lakh through a fraudulent online investment scheme. The victim was added to a WhatsApp group and persuaded to download a fake trading application, Cventura. Enticed by assurances of high returns, he transferred money into six different bank accounts.

Soon after the transfe...