Delhi Police’s Shahdara Cyber Cell has arrested Fang Chenjin, a Chinese national, for his role in a massive ₹100 crore cyber fraud. The accused allegedly cheated individuals through online stock trading scams organized via WhatsApp groups.
The arrest followed a complaint by Suresh Kolichiyil Achuthan, who was tricked into investing ₹43.5 lakh in fraudulent stock market training sessions. Investigations revealed connections to over 17 criminal cases and fraudulent activities across Delhi, Andhra Pradesh, and Uttar Pradesh.
Chenjin’s arrest came after evidence like WhatsApp chats, mobile phone records, and bank details linked to a Fincare Bank account were uncovered. He operated through accounts such as Maha Laxmi Traders, handling transactions worth lakhs.
Key Highlight:
Further investigations are underway to uncover more links in this scam.
#CyberFraud #DelhiPolice #OnlineScam #StockTradingScam #CyberCrime #ChineseNationalArrested
If you're dreaming of exploring the Amalfi Coast, enjoying delicious cacio e pepe, or relaxing…
As 2025 approaches, India’s rail travel is set for a major transformation. Here are three…
Silver prices dropped after testing $29.63, continuing a bearish trend. The next target is $28.40,…
Nouran Aly, wife of Bigg Boss 18 contestant Vivian Dsena, addressed allegations of threatening Karanveer…
The Congress criticized the FIR against Rahul Gandhi, calling it a “diversionary tactic” after his…
Union Minister Dharmendra Pradhan announced that starting in 2025, the National Testing Agency (NTA) will…