Editor Mr.Mayank Rawat ( Chief Editor Mr. Rohit Mishra )
New Delhi: A gang with Chinese connection allegedly duped a businessman of Rs 44 lakh by luring him to invest in the share market with promises of high returns. During the inquiry, two men were arrested from Gujarat’s Surat. They were in contact with Chinese nationals, and one of them even visited Dubai to meet them, police said.
Pradeep Sharma recently filed a complaint of cheating amounting to Rs 44,60,000. Sharma said he had come across an advertisement on social media promising substantial returns through stock investments. The advertisement also featured testimonials from the people who claimed to have gained significant amounts, he added. It included a link to join a WhatsApp group for further details.
Sharma alleged that he was lured into making the investment and subsequently duped. “Police conducted a detailed technical analysis of call records, bank accounts and accessed data from platforms. Despite multiple raids, the accused couldn’t be caught initially as they frequently changed locations,” said deputy commissioner of police (north) Raja Banthia. Investigators then put suspected phone numbers under surveillance, zeroing in on Surat, he added.
On April 5, a raid was conducted in Surat, and Shah Muzammil Aslam was arrested. His information led to the arrest of co-accused Hiragal Abdul Hafiz.
Aslam disclosed that he opened current accounts under a firm’s name, using the identity of Pathan Juber Khan, an auto driver, and retained all net banking IDs, passwords and account-linked SIMs. Aslam shared the account details with Hafiz in exchange for 5% of the deposited amount.
Hafiz told police that he provided the account number to Yan Didi, a Chinese national, for a 10% commission. Yan Didi would arrange for illicit funds to be transferred into the account and Aslam would withdraw the money and hand it over to Hafiz, who used to send it to Yan Didi through hawala channels. Hafiz visited Dubai in Sept 2024, where he met Yan Didi.
The mobile phones seized from Aslam contained WhatsApp conversations related to bank accounts, corroborating the connections between the accused. An analysis of the phone data revealed Hafiz as a key conspirator, supplying current accounts to fraudsters from India to Dubai.
Mayank Rawat
