Noida | December 2025 The Noida Cyber Crime Police Station has busted a major nationwide cyber fraud syndicate that duped investors of over ₹35 crore through fake stock market investment schemes. Police have arrested four accused who, investigators say, were operating under the command of a Chinese-linked cybercrime network.
Officials described the operation as a significant breakthrough against foreign-controlled digital frauds targeting Indian citizens through fake apps, social media promotions, and manipulated trading platforms.
Investment Scam Spread Across Multiple Indian States
According to senior police officials, the gang targeted investors across the country by posing as stock market experts and promising unusually high returns. Victims were lured through:
- Fake investment apps
- WhatsApp and Telegram groups
- Social media advertisements posing as trading advisors
Once trust was built, victims were persuaded to invest repeatedly, only to discover that their money had vanished.
Investigators confirmed that the syndicate operated across multiple Indian states, with centralized control traced to Chinese cyber operators handling backend systems and money laundering.
₹12 Crore Lost by Single Investor Triggers Probe
The case came to light after a complaint was registered on December 3 by an investor who lost ₹12 crore to the scam.
Based on the complaint, police registered an FIR under the Bharatiya Nyaya Sanhita (BNS) and the Information Technology Act. Swift action led to the freezing of several bank accounts connected to the fraud.
“The size of the loss immediately indicated an organized, professional cyber syndicate,” an investigating officer said.
Fake Firms, 60 Bank Accounts Used to Launder Money
Interrogation of the arrested accused revealed a structured laundering network.
One accused, Arjun Singh, admitted that he was recruited by Pankaj Gupta, who introduced him to the key operators Rupendra and Tejpal.
Police found that:
- Fake enterprises were created using fraudulently obtained business registration certificates
- Names of unsuspecting locals were used to open current bank accounts
- Around 50–60 bank accounts were created solely for routing stolen funds
The commission structure uncovered by police showed:
- 10% cut retained by Tejpal
- 5% commission distributed among account holders and middlemen
- Remaining funds transferred onward as per instructions from handlers
Repeat Offenders Linked to Earlier Scams
Police confirmed that the gang had been active for over a year and was already under scrutiny in multiple states.
Notably, Rupendra and Tejpal were previously named in a ₹2.9-crore cyber fraud case registered at the Noida Cyber Crime Police Station, indicating a pattern of repeat offenses.
Officials believe they form part of a larger inter-state cybercrime ecosystem exploiting weaknesses in digital finance systems.
43 Complaints Across 10 States Identified
Data from the National Cybercrime Reporting Portal (NCRP) revealed 43 complaints linked to the same set of bank accounts across 10 states, highlighting the scam’s national reach:
- Telangana: 9 cases – ₹14.79 lakh
- Tamil Nadu: 8 cases – ₹2.04 crore
- Haryana: 2 cases – ₹96.33 lakh
- Maharashtra: 4 cases – ₹96.65 lakh
- Rajasthan: 1 case – ₹1.34 crore
- Andhra Pradesh: 2 cases – ₹40 lakh
- Karnataka: 5 cases – ₹7.35 crore
- Gujarat: 5 cases – ₹26 lakh
- Kerala: 3 cases – ₹11.70 crore
- Delhi: 4 cases – ₹3.11 crore
Officials said the scale of complaints strongly indicates coordinated, industrial-level cyber fraud rather than isolated crimes.
Chinese Cyber Syndicate Links Under Examination
Police sources confirmed that the accused had direct operational links to a Chinese cyber syndicate. The fraud relied on:
- Fake trading platforms controlled from abroad
- Digital instructions issued via encrypted channels
- International money-laundering routes to move funds out of India
Multiple raids are ongoing across states to catch remaining members and freeze additional assets.
Conclusion: Foreign-Controlled Cyber Frauds on the Rise
The ₹35-crore Noida cyber fraud case underscores the growing threat of cross-border cybercrime, where foreign syndicates exploit India’s expanding digital economy using local intermediaries.
Officials said advanced digital forensics, financial intelligence analysis, and inter-state coordination will be key to dismantling such networks.
Authorities have once again urged citizens to remain cautious of online investment offers promising guaranteed or unusually high returns and to report suspicious activity immediately via the National Cybercrime Reporting Portal or 1930 helpline.,
