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3 from Gujarat arrested by MP cops for duping investors in 16 states
The Morning Standard
|December 11, 2024
THREE men from Gujarat have been arrested for running a cyber fraud racket and duping people from 16 states of at least ₹7 crore with a promise to skyrocket their investments, police said on Tuesday.
Vishal Jhala (27), Lakshman Thakor (47) and Nirav Popat (43), who hail from Gandhinagar and Ahmedabad, were arrested after probing a cyber fraud case involving the cheating of a man of ₹17 lakh in Mandla district of Madhya Pradesh. The complainant from Mandla alleged that he was lured through WhatsApp to invest ₹17 lakh through online trading. Using a fake application software, the fraudsters first showed him that his investments were rising, but later the same app showed negati
This story is from the December 11, 2024 edition of The Morning Standard.
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