Hyderabad, Nov. 29 -- The Hyderabad Cyber Crime unit arrested two persons from Navi Mumbai (Maharashtra state) for their alleged involvement in online trading fraud, police said here today.
The accused - Ravi Kumar Lal, a realtor and Shivendra Ashok Singh -- were found to be involved in 12 cyber fraud cases across India, of them two in Telangana.
Ravi Kumar assisted a Pune-based gang by operating a bank account and sharing OTPs via an APK-controlled system while on the other side, Shivendra opened and supplied multiple mule bank accounts used for the fraud.
Recently, a 53-year-old man from the city was duped of Rs 12.3 lakh by fraudsters operating under fake identities of reputed firms.
Using WhatsApp investment 'experts' and a fake tra...