Archive · 7 Jan 2026
Falcon MD Arrested in ₹850-Crore Scam
Amar Deep, the head of a company called Falcon, was caught by the police in Mumbai.
He is accused of tricking people out of ₹850 crore by promising them big profits through fake investment apps.
He ran away to Dubai and then to Iran, but the police found and arrested him at the Mumbai airport.
The police are still looking into how the money was spent and who else might be involved.
They also arrested his brother, who was the company's CEO.
Amar Deep will be taken to Hyderabad for more questioning.
Falcon MD Amar Deep arrested in Mumbai for an alleged ₹850-crore digital investment scam.
Arrest followed an immigration alert and interception at Mumbai airport.
Scam involved app-based schemes promising high returns in multinational companies and share markets.
Amar Deep fled to Dubai and then to Iran after the scam was exposed.
Police are investigating the money trail, identifying accomplices, and attaching properties linked to the crime.
- Who
- Amar Deep, Managing Director of Falcon, and his associates
- What
- Alleged ₹850-crore digital investment scam
- When
- Arrested late Monday night
- Where
- Mumbai Airport
- Why
- To cheat investors by promising high returns through fraudulent schemes
Law Enforcement
Accused
Arrest and Extradition
Law Enforcement
Amar Deep was lawfully arrested and brought to Hyderabad for further investigation.
Accused
Amar Deep may argue that the arrest and extradition process was not handled properly.
- Arrested Individual
- Amar Deep (Falcon MD)
- Alleged Scam Amount
- ₹850 crore
- Arrest Location
- Mumbai Airport
- Arrest Date
- Late Monday night
- Scam Type
- Digital investment scam
- Previous Arrests
- Company CEO and Amar Deep's brother
- Investigation Focus
- Money trail, accomplices, property attachment
- Current Location
- Hyderabad on transit remand
