News

“Delhi Police Bust ₹100 Cr Cyber Fraud, Arrests Chinese National!”

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:

  • Total fraud: ₹100 crore
  • Victim’s loss: ₹43.5 lakh
  • Fraud orchestrated via WhatsApp groups

Further investigations are underway to uncover more links in this scam.

#CyberFraud #DelhiPolice #OnlineScam #StockTradingScam #CyberCrime #ChineseNationalArrested

P.I. Staff Writer

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