Bhubaneswar, April 24 -- The Odisha Crime Branch Cyber Police on Friday cracked a major online investment fraud case involving over Rs 2.06 crore, arresting one accused from Delhi for his alleged role in the scam.
According to police sources, the complainant was duped of Rs 2,06,07,500 through a fake online trading platform operated by cyber fraudsters posing as financial experts.
The victim was initially contacted via WhatsApp on December 23, 2024, and was automatically added to a group where members regularly shared stock market tips and technical analysis of NIFTY to build credibility.
The fraudsters falsely introduced one individual as a fund manager of a reputed company and lured the complainant with promises of high returns. Gainin...