Archive · 20 May 2025
Ethical Hacker Leads Fake Stock Trading Scam
A person who was supposed to be a good hacker teamed up with another person to trick people into investing in fake stocks.
They used WhatsApp and other apps to get people to give them money, promising big profits.
At first, the victims saw some fake profits, but when they wanted to get their money back, they were told they had to pay penalties and invest more.
They used fake companies and cryptocurrency to hide the money, and they worked with people in Cambodia and China.
An ethical hacker and accomplice ran a fake stock trading scam.
The scammers duped victims through WhatsApp and other platforms.
Victims were lured with promises of high profits on fake investment platforms.
Over Rs 5 crore was laundered through fake companies and cryptocurrency.
The cybercrime network had links to Chinese operators and Cambodian associates.
- Who
- Girish Pandey, Avinash Kumar and others.
- What
- A fake stock trading scam
- When
- In the past few months
- Where
- Delhi, with connections to Cambodia and China.
- Why
- To defraud investors
- Incident
- Fake Stock Trading Scam
- Location
- Delhi, Aligarh, Udham Singh Nagar, Basti, Kanpur
- Main Actors
- Girish Pandey, Avinash Kumar
- Victim Lure
- Fake Investment Platforms
- Money Laundering
- Over Rs 5 crore
- International Links
- Chinese Operators and Cambodian Network