Hyderabad, March 1 -- Cyberabad police have cracked eight major cybercrime cases in the past week, arresting 11 suspects operating across several Indian states, a police released said here today.
DCP Sai Manohar stated that nine of those arrested were involved in trading scams, while two were linked to loan frauds.
The special operation, conducted from February 20 to 26, has so far recovered 564 refund orders across 117 cases, amounting to around Rs 1.62 crore being returned to victims, the DCP said.
In a key operation in Pune, Maharashtra, Arjun Kumar Sharma was arrested for a trading scam worth Rs 1.16 crore.
The accused falsely claimed links with "Monarch Networth Capital" and created a fake app under the name "Monarch Finance" to lu...