Archive · 20 Jul 2026
Two Arrested for Rs 97.28 Lakh Online Dollar Scam
Two people were arrested for cheating a couple in Bhubaneswar, Odisha.
They promised the couple high returns by investing in dollar trading.
The couple initially received some money back, which made them trust the accused and invest more.
However, the accused did not return most of the money and made fake documents to show that the money was being transferred.
When the couple asked for their money back, the accused threatened them.
The police found evidence like bank records and messages and arrested the two people.
The police are still investigating to find out if more people were involved.
Two persons arrested for cheating a Bhubaneswar couple of Rs 97.28 lakh through a fraudulent online dollar trading scheme.
Accused lured the couple with promises of high returns and initially returned Rs 7.95 lakh to gain their trust.
After collecting nearly Rs 97.28 lakh, the accused allegedly failed to repay more than Rs 89 lakh and shared fake documents.
Victims faced abuse and threats, including threats of murder and rape, when they demanded their money back.
Police seized bank transaction records, WhatsApp chats, a settlement agreement, and post-dated cheques as evidence.
- Who
- Two persons arrested for cheating a Bhubaneswar couple
- What
- Fraudulent online dollar trading scheme
- When
- Arrested on Sunday, details revealed on Monday
- Where
- Bhubaneswar, Odisha
- Why
- To gain confidence and lure the couple into investing by promising high returns
Victims
Accused
Investment Returns
Victims
Promised unusually high returns within six months through dollar trading.
Accused
Allegedly failed to repay more than Rs 89 lakh after collecting nearly Rs 97.28 lakh.
Communication and Evidence
Victims
Received fake screenshots and fabricated digital documents to justify delays.
Accused
Allegedly shared fake screenshots and fabricated digital documents to make it appear that the funds were being transferred.
Response to Victims
Victims
Demanded their money back and faced abuse and threats, including threats of murder and rape.
Accused
Allegedly abused and threatened the victims, including issuing threats of murder and rape, when demanded money back.
- Amount Cheated
- Rs 97.28 lakh
- Initial Return
- Rs 7.95 lakh
- Amount Not Repaid
- Rs 89 lakh
- Evidence Seized
- Bank transaction records, WhatsApp chats, settlement agreement, post-dated cheques
- Investigation Status
- Underway to determine the full extent of the financial transactions and whether more people were involved