Dehradun, Aug. 15 -- Garhwal Post Bureau

Dehradun, 12 Aug: The Cyber Crime Police of the Special Task Force (STF) have arrested a 20-year-old member of an interstate cyber fraud gang from Amritsar in connection with a Rs 55.48 lakh fraud committed on the pretext of promising high returns on investments in shares and initial public offerings (IPOs). Of the defrauded amount, Rs 8.94 lakh had been transferred to the bank account of the arrested accused, who allegedly withdrew the money through ATM and cheque transactions.

The accused has been identified as Prabhjeet Singh, son of late Joginder Singh, a resident of Bhalla Colony in the Chheharta area of Amritsar, Punjab.

The Cyber-crime STF shared that Singh was arrested on August 11 from Ta...