Navi Mumbai Police Expose ₹3 Crore Cyber Fraud Ring: Arrests Made
Posted:
July 11, 2025
Navi Mumbai police have dismantled a sophisticated cyber fraud operation, arresting two individuals from Rajasthan linked to scams totaling ₹3 crore. The syndicate allegedly deceived victims with promises of high returns from online stock trading, using forged documents and fake applications to lend credibility to their scheme.
Fraudulent Tactics Revealed
Investigators found that the fraudsters posed as representatives of legitimate financial institutions, enticing victims with the prospect of substantial profits. They meticulously crafted forged documents and fraudulent mobile apps to ensnare unsuspecting individuals.
Victims Share Their Stories
The scam has had a significant impact, with one victim losing ₹2.21 crore and another losing ₹78.63 lakhs in separate incidents.
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