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11 held for duping 5L investors of ₹150 crore via mobile apps
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They promised big returns on investments; Chinese nationals involved: police
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They promised big returns on investments; Chinese nationals involved: police
Delhi Police Cyber Cell arrested 11 men, including two chartered accountants, for allegedly cheating more than 5 lakh people of over ₹150 crore in two months on the pretext of lucrative returns via apps, the police said on Wednesday.
A total of ₹11 crore of the cheated money has been blocked in various bank accounts and payment gateways, the police said.
The police took notice of various posts on social media by people across the country about two mobile applications Power Bank and EZPlan. These apps offered lucrative returns on investment, a senior police officer said. ....

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