Varanasi Police have arrested an alleged cyber fraudster accused of cheating victims through fake OLX advertisements for air conditioners and other household goods, uncovering a fraud network linked to more than ₹1.25 crore in alleged scams. Investigators said the accused faces 73 FIRs registered across multiple states in connection with online marketplace fraud cases.
Accused Allegedly Used Fake OLX Listings to Trap Buyers
According to police, the accused posed as a seller on OLX and allegedly lured buyers with attractive deals on products such as air conditioners and electronic items. Victims were reportedly convinced to transfer advance payments after being shown fake product listings and fabricated delivery assurances.
Investigators alleged that once the payment was received, communication with buyers was either blocked or delayed, and the promised products were never delivered. Authorities believe the accused had been operating the fraud scheme since 2015 and targeted victims across several states through online classified platforms.
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Police Trace Fraud Worth Over ₹1.25 Crore
Police said the investigation revealed alleged fraud transactions amounting to nearly ₹1.25 crore. According to officials, the accused used multiple mobile numbers, bank accounts, and digital payment channels to receive money from victims.
Investigators also claimed that the accused allegedly routed money through gaming applications and digital wallets to conceal the financial trail and complicate tracking efforts. Authorities are now examining transaction records and communication data linked to the alleged fraud operation.
Cybercrime Network and Digital Operations Under Scanner
Police suspect the accused may have been connected to a larger cybercrime network involved in online marketplace scams and digital payment fraud. Investigators are examining whether additional individuals helped create fake advertisements, operate bank accounts, or manage digital transactions associated with the operation.
Officials said cybercriminals increasingly exploit e-commerce and classified platforms by posting fake listings of high-demand products at discounted prices to pressure buyers into making quick advance payments.
Authorities Warn Against Advance Payments in Online Deals
Cybercrime officials have advised users to avoid making advance payments to unknown sellers on online marketplaces without verifying product authenticity and seller credentials. Authorities also warned users against sharing sensitive banking information or completing transactions outside verified payment systems.
The arrest forms part of broader efforts by cybercrime units to crack down on organized online fraud operations targeting consumers through fake advertisements and digital payment scams.
