Archive · 5 Jun 2025
Key Accused Arrested in ₹4,215-Crore Falcon Investment Scam
Imagine a company promised big returns on investments through an app, but the deals were fake.
This is what happened with the Falcon app, tricking over 7,000 people into investing a lot of money.
The police have arrested Sandeep Kumar, who was hiding after fleeing to Dubai.
They found luxury cars and property documents.
He is accused of moving hundreds of crores into his and related companies' accounts.
The CID is still looking for others involved.
Sandeep Kumar, a key suspect in the ₹4,215-crore Falcon scam, was arrested.
Ravi Kumar, an accomplice, was also apprehended in Hyderabad.
Three luxury cars and property documents worth ₹10 crore were seized.
The scam involved the Falcon Invoice Discounting app and over 7,000 investors.
Sandeep Kumar allegedly diverted ₹845 crore into personal accounts.
- Who
- The Telangana Crime Investigation Department (CID) and Sandeep Kumar and Ravi Kumar.
- What
- Arrests made in connection with the ₹4,215-crore Falcon invoice discounting scam.
- When
- The arrests were made recently, reported on June 05, 2025.
- Where
- Hyderabad, India, with the investigation spanning multiple states and Dubai.
- Why
- To investigate and prosecute individuals involved in the Falcon investment fraud, which lured investors with fake investment deals.
- Total Scam Amount
- ₹4,215 crore
- Total Investors
- Over 7,000
- Luxury Cars Seized
- Three
- Value of Cars Seized
- ₹2.5 crore
- Value of Property Documents
- ₹10 crore
- Amount Diverted by Sandeep Kumar
- ₹845 crore
- Total Arrests
- Nine
