Archive · 29 May 2025
Cyber Police Arrest Two in Mumbai Online Trading Scam
Some people tricked an accountant into giving them a lot of money by promising big returns on online stock trading.
They used a WhatsApp group to make it look like a good investment, but it was all a trick.
The accountant lost over 3.6 crore rupees.
The police have caught two people involved, one who works in real estate and another from a company, and are looking for more people who were part of the scam.
The scammers used fake companies and moved the money around through different bank accounts to hide what they were doing.
Cyber Police arrested two individuals involved in a ₹3.63 crore online trading scam in Mumbai.
A real estate professional and a company employee were arrested for defrauding an accountant.
The victim was added to a WhatsApp group that posed as a successful trading platform.
The accountant was tricked into transferring funds to various bank accounts.
Investigations revealed the use of fake companies to launder the stolen money.
- Who
- Cyber Police arrested Adnan Shamshuddin Khan (real estate professional) and Tanveer Khan (company employee).
- What
- Arrests related to an online trading scam where an accountant was defrauded of ₹3.63 crore.
- When
- March 2025 (regarding the final transfer), Tuesday (arrests)
- Where
- Mumbai, India
- Why
- The suspects induced an accountant to invest in online share trading under false pretenses.
- Amount Stolen
- ₹3.63 crore
- Victim's Profession
- Accountant
- Arrested
- Adnan Shamshuddin Khan, Tanveer Khan
- Modus Operandi
- Online share trading scam via WhatsApp group
- Date of arrest
- Tuesday
- Bank Account
- IndusInd Bank, Axis Bank
- Fake Company
- CWFS Private Ltd