MAN HELD FOR GIVING MULE A/C TO CYBER FRAUDS

PUNE: The cyber cell of the Pimpri Chinchwad police has arrested a man, who claims to be a film producer, for providing mule bank accounts to a Chinese cyber criminal for accepting money acquired through cyber frauds.

- Shrinivas Deshpande

The accused has been identified as Shivam Balkrishna Sam-vatsarkar from Erandwane.

The police said a complaint was filed on 23 July after the complainant lost more than ₹57 lakh in a share market fraud.

The complainant, who is a highly qualified IT professional, was surfing on the net when he saw a video on stock market. When he clicked on the link, he came in contact with an individual, who offered him tips to get good returns on investments in the share market.