In a significant breakthrough, the Chandigarh Police have arrested three more individuals in connection with a massive cyber fraud case involving Rs 3 crore. This brings the total number of arrests in the case to five. The accused are believed to have been part of a sophisticated network that duped victims through fake investment schemes.
Details of the Arrests
The latest arrests were made after a thorough investigation by the Cyber Crime Cell of the Chandigarh Police. The suspects were identified as residents of different states, including Haryana and Uttar Pradesh. They were produced before a local court and remanded to police custody for further interrogation.
Modus Operandi
According to police officials, the fraudsters lured victims by promising high returns on investments in stocks and cryptocurrencies. They used social media platforms and messaging apps to target individuals, creating fake profiles and websites to appear legitimate. Once the victims transferred money, the accused would disappear, leaving no trace.
Police have recovered several mobile phones, laptops, and bank documents from the accused. They are now investigating the larger network and possible links to other cyber fraud cases across the country.
Previous Arrests
Earlier this month, two suspects were arrested in connection with the same case. They were found to have received a significant portion of the defrauded amount. With the latest arrests, authorities hope to dismantle the entire operation.
Advisory for the Public
The Chandigarh Police have advised citizens to remain cautious of unsolicited investment offers and to verify the credentials of any financial scheme before investing. They have also urged people to report any suspicious activity to the Cyber Crime Cell immediately.
Investigations are ongoing, and more arrests are expected in the coming days.
