India, Jan. 25 -- The Delhi Police has busted a fake-online-trading racket with alleged links to Cambodia-based operators and unearthed a fraud network that has siphoned off more than Rs 300 crore from victims across the country.

Four key accused have been apprehended from Kolkata and Lucknow in connection with the racket. Police dismantled a sophisticated syndicate that lured people with promises of high returns through fake trading applications and online messaging groups, masking as legitimate brokerage firms. According to police, the fraudsters contacted potential victims through advertisements and messages on social media, offering "online trading investments" and "guaranteed" profits. "Those who responded were added to groups with ...