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Mumbai: Mini-Jamtara in amchi Malwani

Cops bust two fake call centres in Malad West this week after they were found to be luring local investors posing as overseas traders

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The two arrested accused with crime branch unit 11 officers

The two arrested accused with crime branch unit 11 officers

Malwani seems to be heading the Jamtara way with cops busting two fake call centres in two days. Jamtara in Jharkhand is known as an epicentre of cyber fraud. Mumbai Crime Branch Unit 11 busted a racket in Malad West on Thursday, a day after Bangur Nagar cops busted another. The accused, all Malwani residents, duped people by posing as experts in forex and share trading and luring them into investing money with the promise of high returns.

The investors were told that their money was sent to a Dubai-based forex trading firm and they could track their money on a site. Representation pic
The investors were told that their money was sent to a Dubai-based forex trading firm and they could track their money on a site. Representation pic

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