New Delhi, Nov. 16 -- Delhi Police today arrested two men in separate cyber-fraud cases involving online investment scams that allegedly defrauded victims of more than Rs 50 lakh, an official said.
According to the police, 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 third-year B.Com student and call-centre employee from Gautam Buddh Nagar, Uttar Pradesh).
They allegedly used disguised investment advisory platforms, bogus incentive schemes, and fake crypto-trading interfaces to trick victims and divert their money, an officer said.
The two have been booked in different cases that were registered under the relevant sec...