Cyber police in Faridabad have arrested six individuals connected to a sophisticated investment scam that exploited social media to defraud a man of ₹16.35 lakh. The accused allegedly posed as a Mumbai-based female IT professional who convinced the victim to invest in a fraudulent share-trading app.
FCRF x CERT-In Roll Out National Cyber Crisis Management Course to Prepare India’s Digital Defenders
Friendship Seeded Online, Fraud Blossomed in Fake Trading App
The victim, a resident of Sector 55, began communicating with a purported female IT specialist via social media. Over weeks, the scammer gained his trust and urged him to download a trading app tailored for share-market investment. Initial small investments appeared profitable—an intentional lure to ease suspicion.
When the victim attempted to withdraw his earnings, he encountered a barrage of excuses: “profit charges,” “credit score issues,” and even warnings of impending “account freezes.” Despite these red flags, he continued depositing funds. Ultimately, ₹16,35,886 was transferred before the fraud unravelled, prompting him to report the incident to Faridabad’s NIT cyber police.
Algoritha: The Most Trusted Name in BFSI Investigations and DFIR Services
Six Arrested; Digital Trail Under Scrutiny
On June 13, Faridabad Cyber Police arrested Sahil Khan, Laxman, Rajesh Ojha, Rahul, Surya Prakash Maru, and Hasan Khan. Investigators say several were bank-account holders who enabled the fraud by allowing their accounts to funnel stolen funds . All suspects have been remanded for five days, during which authorities will scrutinize chat histories, app activity, and transaction records.
Cybercrime officials suspect the gang might have defrauded additional persons across the region. The arrested suspects are being questioned to uncover whether they are part of a larger fraud network operating through similar schemes.
About the Author – Anirudh Mittal is a B.Sc. LL.B. (Hons.) student at National Forensic Sciences University, Gandhinagar, with a keen interest in corporate law and tech-driven legal change.