Archive · 24 Jul 2025
Two Arrested in Gurugram for Duping People in IPO Scam
Two men have been arrested in Gurugram for tricking people.
They used a fake app to get people to invest in new company stocks (IPOs).
They took money from people's bank accounts.
Someone filed a complaint, and the police found the men.
They took some of the stolen money and put it in a company account.
Then, they sold that company account to someone else.
The police are still investigating what happened.
Two men arrested in Gurugram for allegedly duping people.
Victims were lured into investing in IPOs through a fake mobile app.
An FIR was filed at Cyber Crime (South) police station.
Rs 2 lakh of the defrauded amount was transferred to a firm's bank account linked to the accused.
The accused sold the firm's bank account for Rs 30,000.
- Who
- Sharad Kant Mishra and Yatin Kumar were arrested.
- What
- Two men were arrested for duping people through a fake mobile app that lured people to invest in IPOs.
- When
- The arrests were made on Thursday, July 24.
- Where
- Gurugram, India.
- Why
- They were allegedly involved in duping people by luring them to invest in IPOs through a fake mobile application.
Accusation
Evidence
Fraudulent Activities
Accusation
The accused created a fake app to lure investors.
Evidence
The accused are alleged to have committed fraud
- Accused
- Sharad Kant Mishra, Yatin Kumar
- Location of Arrest
- Delhi
- Crime
- Duping people through a fake mobile application
- Victim Complaint Date
- July 7
- Money Transferred
- Rs 2 lakh
- Account Sold For
- Rs 30,000