Archive · 24 Aug 2026
Lucknow Police Arrest Man In Alleged Fake IPO Gaming Scam
Police in Lucknow arrested Vinod Gopal Rathore in Madhya Pradesh.
They say he may have been connected to a very large fake investment and gaming scam.
The alleged scam involved fake IPOs and stock-market activities.
Investigators say the fraud group used fake trading apps and WhatsApp groups to attract investors.
They also say money was moved through a gaming company.
Rathore allegedly helped start that company in 2022.
Police took him to court in Petlawad before bringing him to Lucknow.
The investigation also found that scammers allegedly used Rathore’s name while pretending to be police officers online.
Lucknow police arrested Vinod Gopal Rathore in Petlawad, Madhya Pradesh.
Rathore was produced before a Petlawad court and taken to Lucknow.
Investigators linked him to an alleged Rs 2,934-crore fake IPO and stock-market fraud syndicate.
Authorities allege his gaming company helped facilitate suspicious transactions and conceal cyber-fraud proceeds.
The syndicate allegedly used fake trading apps, WhatsApp groups and a gaming company to attract and route investor funds.
- Who
- Lucknow police arrested Vinod Gopal Rathore, whom Uttar Pradesh Special Task Force investigators allegedly linked to the syndicate.
- What
- Rathore was arrested over an alleged fake IPO, stock-market and gaming cyber-fraud case.
- When
- The gaming company was allegedly launched in 2022; the article does not provide the arrest date.
- Where
- Rathore was arrested in Petlawad, Madhya Pradesh, produced before its court and taken to Lucknow.
- Why
- Investigators allege he helped launch and operate a gaming company used for suspicious transactions and concealing fraud proceeds.
- Suspect
- Vinod Gopal Rathore of Roopgarh village
- Alleged fraud amount
- Rs 2,934 crore
- Investigating agency
- Uttar Pradesh Special Task Force
- Company identified
- Pixlr Company, allegedly owned by Rathore
- Gaming company
- My Ground 11 Gaming Zone Pvt Ltd
- Alleged methods
- Fake trading applications and WhatsApp groups
- Court action
- Rathore was produced before the Petlawad court and taken to Lucknow