Archive · 23 Jul 2025
Delhi Police Busts Cyber Fraud Syndicate; Jaipur Arrest
A group of people were tricked into investing in fake stock market schemes.
They were promised easy money through IPOs, but it was all a trick.
The scammers used a fake website and convinced people to send money.
One person lost about 40 lakh rupees.
The Delhi Police found out about the scam and arrested a man named Vishnu Kant Sharma in Jaipur.
He helped move the stolen money through different bank accounts and then changed it into digital money called cryptocurrency.
The police are still looking for the other people involved in the scam.
Delhi Police busted a cyber fraud syndicate.
The syndicate duped people through fake stock market investment schemes.
A key operative, Vishnu Kant Sharma, was arrested in Jaipur.
The complainant transferred nearly Rs 40 lakh into various bank accounts.
Sharma allegedly handled mule bank accounts and converted funds into cryptocurrency.
- Who
- The Delhi Police arrested Vishnu Kant Sharma, a key operative in the cyber fraud syndicate.
- What
- Delhi Police busted a cyber fraud syndicate involved in duping people through fake stock market investment schemes.
- When
- The arrest occurred on Wednesday, July 23 (based on the provided PTI report timestamp).
- Where
- The key operative was arrested in Jaipur, Rajasthan. The scam was investigated by the Delhi Police.
- Why
- The syndicate was involved in cyber fraud activities, promising easy money through fake stock market investment schemes.
Victims
N/A
Financial Losses
Victims
Victims were lured by promises of quick profits and guaranteed IPO allotments.
N/A
N/A
- Accused
- Vishnu Kant Sharma
- Age
- 24
- Location of Arrest
- Jaipur, Rajasthan
- Modus Operandi
- Fake stock market investment schemes, fake website, promises of IPO allotments.
- Amount Defrauded
- Nearly Rs 40 lakh (from complainant)
- Role of Accused
- Handled mule bank accounts, converted funds to cryptocurrency.