New Delhi, April 6 -- The Crime Branch of Delhi Police has busted a cyber fraud syndicate involved in an investment scam worth over Rs.300 crore, dismantling a large interstate and international network.

The mastermind was arrested from Kolkata Airport. In one instance, a victim was cheated of Rs.31.45 lakh, while overall fraud linked to the syndicate exceeds Rs.300 crore.

Investigations revealed more than 2,500 complaints connected to the racket, involving over 260 bank accounts and more than 100 shell companies. The accused used a fake trading application named "Cventura" to lure victims, primarily through WhatsApp groups.

The network has been found to have links with international cybercrime operations.

During the operation, police...