July 6, 2022

Indore (Madhya Pradesh): A different investigation crew (SIT) was once constituted for additional investigation of the foreign currency trading fraud case on Saturday. The police controlled to touch two extra sufferers of the accused—who duped other people of crores of rupees at the entice of foreign currency trading—on Saturday. The sufferers are from Bengaluru and Nagpur.

Further DCP Rajesh Vyas stated two accused, named Anil and Hardeep, have been arrested for duping an individual of Rs 10 lakh at the entice of making an investment his cash in foreign currency trading. For additional investigations into the case, a SIT has been constituted through the DCP and it’s going to be headed through ACP Nihit Upadhyay. TI Tahjib Kaji, a sub-inspector and two constables had been integrated within the SIT. All through the investigations, the police controlled to touch two extra sufferers at the foundation of the UPI transactions ID.

Vyas stated he additionally spoke to the sufferers from Bengaluru and Nagpur over telephone and informed them to ship the criticism thru WhatsApp or to come back to town. Additionally, the police got here to grasp that seven financial institution accounts used for receiving cash have been being checked. Law enforcement officials consider that extra sufferers can be known all the way through the investigations. Police also are making an attempt to be told in regards to the sufferers from town.

The police got here to grasp that the kingpin of the crowd was once a definite Atul, a resident of Jabalpur. The function of a lady was once additionally discovered within the case. A seek is on for Atul and the lady. The arrested accused have been taken to their place of business through the Vijay Nagar police for the investigations on Saturday. The police stated their staff have been skilled in a famend lodge in Dubai.

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Modus operandi

In keeping with the police, the accused had ready a dummy server for foreign currency trading. They used to place out ads on social media to touch other people. After contacting the folk, they used to take cash from them at the entice of foreign currency trading and display a faux index of benefit in greenbacks on their server to achieve their believe. The cash transferred through the sufferers went into the financial institution accounts of the accused. The police claimed that transactions of crores of rupees have been present in a checking account. Different checking account main points also are being accrued through the police.

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Revealed on: Sunday, March 13, 2022, 01:27 AM IST