The Cyber Crime of Hyderabad City Police has cracked down on three cases involving cyber fraudsters who duped residents through FedEx and trading scams.
The main accused, hailing from Gujarat, has been apprehended making total seven arrested in connection to these frauds.
Among the arrested individuals are Sagar Goradhanbhai, Parmar Kirit Nathubhai, Chudasama Kuldeepsinh Anopsinh, Jedeja Daivatsinh Kiritsinh, Sinojiya Ketan Sureshbhai, Kanani Nikunj Kishorebhai, and Pravinbhai Kalubhai Vasoya.
One notable case involves a doctor who fell victim to fraudsters posing as Mumbai police officers.
The accused, impersonating as law enforcement officials, coerced the victim with fabricated cases and fraudulent documents purportedly issued by the RBI and Supreme Court. They extorted a significant sum from her through a FedEx fraud scheme.
In another instance, a Hyderabad resident was deceived via WhatsApp with promises of a 500% profit plan in online stock market trading. The victim was induced to invest approximately Rs 2 crore through multiple bank transactions, only to be defrauded.
In the third case, a chartered accountant and another individual cheated resident into a trading scam under the guise of Motilal Oswal Securities. The man was persuaded to install a seemingly legitimate application and subsequently made investments under false pretenses.
Cyber Crime Police crack FedEx and trading frauds
