The owner of Shivam Associates in Belagavi has been arrested following allegations of multi-crore investment fraud and unregulated financial activities. Authorities are investigating the firm's dealings with thousands of investors.
A 52-year-old labourer, Santosh Kumar Gupta, has been arrested in New Delhi for allegedly facilitating an online investment fraud by lending his bank account to route Rs 5 lakh of defrauded money. He is suspected of acting as an India-based facilitator for an international cyber fraud network.
Delhi Police have arrested three individuals, including a bank official, for allegedly defrauding a retired government officer of over Rs 45 lakh through a fake trading application.
The Enforcement Directorate (ED) has arrested Nowhera Shaik, the prime accused in the Heera Group-linked alleged investment fraud, from an Airbnb property in Gurugram. Shaik was living under a fake identity and using forged documents. The Heera Group allegedly collected over Rs 5,978 crore from the public, promising high returns but failing to return even the principal amount.
Indore police have busted a gang involved in investment fraud, arresting five individuals and uncovering links to a WhatsApp account operated from Cambodia.
Two individuals have been arrested in Thane for allegedly defrauding a businessman of lakhs of rupees by promising a substantial investment in his company. The suspects used fake documents to gain the victim's trust before taking the money.
Delhi Police have arrested two men in connection with separate cyber investment fraud cases involving over Rs 74 lakh. The accused were involved in luring victims into investing in fake stock trading and IPO platforms.
Delhi Police have arrested two individuals for allegedly defrauding a 25-year-old man of Rs 1.46 lakh through a fake online investment scheme. The accused lured the victim with promises of high returns for completing online tasks.
Two co-founders of the cryptocurrency exchange platform CoinDCX have been arrested by Thane police in connection with an alleged fraud of Rs 71.6 lakh. The arrests follow an FIR filed against the founders for cheating, criminal breach of trust, and fraud.
Police in Thane, Maharashtra, have registered a case against a company and its directors for allegedly defrauding investors of over Rs 4.31 crore through various investment schemes.
Delhi Police have arrested two men from Gujarat for allegedly defrauding a Delhi resident of Rs 9.75 lakh under the guise of high-return share market investments.
Rashid Naseem, wanted in India for an alleged investment fraud, has been arrested in Dubai following an Interpol Red Notice and extradition request.
Delhi Police have arrested two individuals from Rajasthan for allegedly defrauding a Delhi resident of over 21 lakh through a high-return online investment scam. The accused lured the victim with promises of lucrative returns and prepaid tasks.
A former life insurance manager in Thane has been sentenced to two years in jail for defrauding people of over Rs 3.51 crore with false promises of high returns on stock market investments.
A 42-year-old insurance consultant from Mumbra, Thane, was allegedly defrauded of over 71 lakh by cyber criminals through a cryptocurrency investment scheme.
The CBI has conducted searches across multiple states in connection with a large-scale online financial fraud involving the overseas fintech platform 'Pyypl'.
Rajasthan Police have arrested a man allegedly involved in a large-scale fraud that collected crores in funds from people under the pretext of luxury car sales, cryptocurrency, and social media-based investment schemes.
Over 700 doctors in Telangana have collectively lost nearly Rs 30 crore to various cyber frauds since September 2024, prompting the Telangana Cyber Security Bureau to hold an awareness meeting for healthcare professionals. Business and investment frauds accounted for the largest share of losses.
Odisha Police's Crime Branch has arrested three individuals from New Delhi and Uttarakhand in connection with two major cyber fraud cases totalling Rs 2.78 crore. The cases involved impersonation as cyber crime officers and fraudulent investment schemes, leading to significant financial losses for victims.
A 44-year-old man from Thane has been booked for allegedly defrauding seven investors of Rs 1.61 crore by promising high returns on cryptocurrency investments.
Delhi Police have dismantled an interstate cyber fraud network, arresting three individuals involved in digital arrest and investment scams that defrauded victims of over Rs 80 lakh.
Nowhera Shaik, the prime accused in the Heera Group investment fraud case, has been arrested in Gurugram. She was apprehended in a joint operation by the Enforcement Directorate and Haryana Police and has been taken to Hyderabad.
Delhi Police dismantled multiple interstate cyber fraud syndicates in a month-long operation, arresting 35 and bringing 89 offenders to justice. The syndicates were involved in various scams, including digital arrest, investment fraud, and fake dating schemes, with transactions worth nearly Rs 40 crore.
Police in Navi Mumbai have dismantled a fraudulent call centre accused of swindling individuals out of over Rs 1 crore by falsely promising high returns on share market investments. Two individuals have been arrested, and investigations are ongoing.
Gurugram police have dismantled a cyber fraud operation run from a call centre in Ghaziabad, arresting three individuals accused of defrauding people of significant sums through deceptive insurance and government bond investment schemes.
Faridabad police have arrested a husband and wife from Mumbai for allegedly defrauding people of approximately Rs 31 crore through fraudulent investment schemes in forex trading and film production.
Delhi Police have arrested a key accused from Kerala in connection with an interstate investment fraud case involving over Rs 4.5 million. The accused, Jamsheed K, is alleged to have been a 'money handler' in the fraud network.
Gurugram Police have dismantled a nationwide cyber fraud network, arresting 10 individuals involved in scams that defrauded victims of Rs 40 crore.
The Uttar Pradesh Special Task Force (STF) has dismantled two significant fraud operations involving crores of rupees in fraudulent share market, cryptocurrency, and forex schemes, leading to multiple arrests and uncovering a vast network of deceit.
Delhi Police have arrested three individuals for their alleged involvement in an online investment fraud of Rs 10 lakh. The accused lured a complainant with promises of high returns on stock market investments before ceasing communication after receiving the funds.
Delhi Police have arrested two individuals from Haryana for their alleged involvement in facilitating cyber fraud through mule bank accounts. The arrests were made during an investigation into an online investment scam that defrauded a senior citizen of over Rs 1.69 lakh.
A special court in Thane, Maharashtra, has sentenced the mastermind of an investment fraud to rigorous imprisonment and ordered the auction of his properties to repay duped investors.
Cyber Police have arrested Abdu Rahman in Delhi, a key accused in a Cambodia-based online fraud network. This syndicate, which initially used online trading and loan scams, shifted to matrimonial platforms to defraud Indian citizens, including a Kochi doctor who lost Rs 37 lakh. The network recruits Indians to work in scam centres in Cambodia and has been responsible for numerous online frauds.
Gurugram police have arrested two individuals, including a director of an infra firm, for allegedly defrauding investors through fake real estate projects linked to Dhirendra Shastri's 'Aparna Ashram' in Silokhera village.
Kerala Police chief Ravada Chandrasekhar highlighted cyber fraud as a serious social challenge, particularly targeting youth, during the inauguration of 'RBI Reelathon 2026'. This multi-phase awareness campaign by the Reserve Bank of India aims to engage college students in combating cyber financial frauds through creative content creation and timely reporting.
Odisha Police have arrested a man from West Bengal for his alleged involvement in an online investment fraud case involving Rs 12.33 crore.
Patan Police have busted a large-scale cyber fraud racket, arresting 14 individuals involved in illegal transactions worth Rs 398.43 crore through 13 'mule accounts'. The operation, dubbed "Operation Mule Hunt 2.0", uncovered a network linked to 228 inter-state cyber fraud complaints, where individuals were lured to open bank accounts used to channel proceeds of cyber crimes.
Mumbai Police have arrested a man for allegedly defrauding a senior executive of over Rs 60 lakh under the guise of cryptocurrency investment.
Delhi Police's Economic Offences Wing (EOW) has arrested Shiv Nandan Singh Yadav, a proclaimed offender, in connection with a multi-crore real estate fraud. Yadav was wanted in nine FIRs for allegedly duping investors in a housing project that never materialised.
Delhi Police have dismantled a cyber fraud operation that used a fake online investment platform to deceive victims, leading to the arrest of three individuals involved in the scheme.
