Crime Branch Arrests 6 Cyber Criminals from Tamil Nadu and Gujarat in Investment Fraud Case.
Bhubaneswar (Inside Odisha):-The Crime Branch, Odisha, arrested 6 accused persons involved in an investment
fraud from Tamil Nadu and Gujarat. This organized gang of cyber criminals were
operating in the guise of online investment promising high returns.
The arrested persons are (1) Arun Shaju @ Henry Johnson (2) Seenu R (3) Vasu
J from Tamil Nadu and (4) Jaimin Kukdeja Megharajbhai (5) Brijesh Dayabhai Sathiya (6)
Udaya Rameshbhai from Gujurat. Arun Shaju and Jaimin Kukdeja Megharajbhai opened
bank accounts in their names and shared them with fraudsters to be used for fraudulent
activities. Vasu J, Seenu R and Udaya Rameshbhai acted as account collectors,
responsible for obtaining more mule accounts to facilitate the smooth transfer of stolen
money. Brijesh Dayabhai Sathiya withdrew cash through cheques and handed it over to
hawala operators in Gujarat for further distribution.
On 28th February 2024, a resident of Bhubaneswar reported that as he had
interest in share market trading, he had searched for investment opportunities on social
media. In January 2024, he joined two WhatsApp groups that advertised trading apps
called “GSQT” and “IBGINON.” He was encouraged by the group admins to open
accounts on these apps using specific web links.
On 23rd January 2024, he started depositing money into various accounts and
initially saw lucrative profits within a few days. This success prompted him to invest more
money, even taking personal loans and borrowing from friends and family. By 22nd
February 2024, he had deposited a total of 71.95 lakhs into ten different bank accounts.
However, the profits he saw were only shown in digital wallets. But the fraudsters
demanded more money, threatening that he would lose his investments and profits if he
did not transfer the same. After realizing that the trading was fraudulent, he lodged FIR
with Crime Branch.
Accordingly, CID CB Cyber Crime Police Station FIR No.11/2024 dtd. 28.02.2024
u/s 419/ 420/ 465/ 467/468/471/120-B/34 IPC r/w Sec. 66C/66 D of the Information
Technology Act, 2000 was registered.
