Stock Market Fraud Alert: The ever-expanding technological era has greatly simplified human life. People may now transact money quickly thanks to technology. But occasionally, the ease of transferring money can become a nuisance for consumers, leading them to fall victim to scammers on social media and lose their money.
Joint Operation Unveils Major Fraud Ring
In a cooperative effort, the Delhi Police’s Cyber Crime Unit, Intelligence Fusion Unit, and Strategic Operations Unit revealed a group of con artists who had scammed individuals out of crores of dollars by putting funds into the stock market accounts of fictitious firms they had established. Was. In this instance, Delhi Police has also taken nine gang members into custody.
Joint Operation Unveils Major Fraud Ring
The Delhi Police‘s official X handle has provided information indicating that the administration has experienced significant success today. Actually, a joint operation by Delhi Police’s Cyber Crime Unit, Intelligence Fusion Unit, and Strategic Operations Unit led to the capture of a fraud group.
Nine members of a gang involved in fraud involving crores of rupees have been apprehended, according to information released by the administration. The primary tactic used by this gang to trick people into depositing money into their stock market accounts was to fabricate firms.
By tricking people into falling into traps, this fraud gang has reportedly deposited Rs 2.4 crore so far, according to information provided by the administration. This administration measure is regarded as a significant step toward combating fraud.
Joint Operation Unveils Major Fraud Ring
Nine members of the stock market fraud ring have been apprehended by the Delhi Police special unit. A significant amount of SIM cards, ATM cards, and cell phones have also been found. In all, 250 SIM cards, 84 cell phones, and 28 ATM cards that were being used to perpetrate fraud have been found in this operation, according to the administration’s information.
How To Stay Safe
Do a lot of research before spending any money. Never divulge your login information: Never give up your username, password, or MPIN to anyone, not even advisors or platforms that seem trustworthy. This goes double for Demat accounts. Reputable organizations will never request this data. Always do cross check about the company in which you are investing