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Mumbai Police bust Rs 18 crore share trading fraud, three held from Bandra
Updated On: 29 April, 2025 08:18 PM IST | Mumbai | Aishwarya Iyer
The gang lured people into bogus share trading investments with promises of high returns, an official said, adding that technical tracking and investigations led to the arrest of the suspects from Bandra area of Mumbai
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The police has seized mobile phones, cheque books, and a debit card from the accused, which they allegedly used to operate the racket from the accused (above). Pic/Mumbai Police
In a major breakthrough, the North Division Cyber Police Station of Mumbai Police has busted a share trading cyber fraud case and arrested three people for allegedly defrauding people of over Rs 18 crore, the police said on Tuesday.
The gang lured people into bogus share trading investments with promises of high returns, an official said.
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