New Delhi, Feb. 10 -- Delhi Police Crime Branch has busted a cyber-investment fraud syndicate and arrested three accused from Uttar Pradesh's Saharanpur in connection with a Rs 31 lakh cheating case, an official said on Tuesday.
The accused have been identified as Sarvjeet (35), Pawan (33), and Puneet (32), all residents of Saharanpur.
According to the police, the complainant, an employee of a multinational technology firm, was duped into transferring Rs 31 lakh on the pretext of investing in IPOs through what appeared to be legitimate online platforms.
"Investigation in this case has revealed that the fraudsters had created fake, self-designed websites while impersonating representatives of a reputed investment company to lure victims w...