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Claims of huge returns on investment merit scepticism

The three were traced through the bank accounts that two of them were using to make fraudulent transactions

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Police with Madhukar Parate after they recovered R9.5 lakh he lost

Police with Madhukar Parate after they recovered R9.5 lakh he lost

The Manpada police in Dombivli have arrested three persons in a cyber fraud case to the tune of Rs 72 lakh. Two were held in Delhi while the other was held in Goa.

The three were traced through the bank accounts that two of them were using to make fraudulent transactions. In this instance, a former division manager of a well-known bank and a Dombivli resident received a call from the fraudsters who lured him with “high returns” on his investments and coaxed him into paying them.

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