How a Ghaziabad man was duped of Rs 70 lakh in share-trading racket indianexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indianexpress.com Daily Mail and Mail on Sunday newspapers.
A chartered accountant’s daughter from Faridabad was cheated of Rs 7.6 crore on the pretext of investing in stocks through Facebook links. 16 persons have been arrested in connection with the case from various locations including Bengaluru, Jaipur, Jodhpur, Bikaner, Delhi, Faridabad, Lucknow, and Gurgaon. The funds were converted into USDT (a cryptocurrency) and transferred to accounts in China. The accused were tracked down using confidential sources and technical assistance, leading to the recovery of 24 mobile phones, 556 SIM cards, 67 cheque books, and 62 ATM cards, alongside Rs 15.2 lakh in cash.