Bhopal: Two arrested for cyber fraud in name of stock market trading

A local resident had lodged a complaint with cyber police stating that he had deposited Rs 3,55,222 in the name of stock market trading after dealing with the accused.

Staff ReporterUpdated: Friday, February 11, 2022, 11:24 PM IST
article-image
representative pic

BHOPAL (Madhya Pradesh): Cyber police on Friday arrested Mohammed Asfaq and Majid Khan for committing fraud in name of stock market trading under a fake company, Forex. Both have been sent to judicial custody.

ADG Cyber cell Yogesh Deshmukh informed the media that both accused are from Jodhpur, Rajasthan. Over Rs 10 lakh from all over country were deposited in fake bank account in the name stock market trading.

Mohammed Asfaq of Jodhpur, Rajsthan, was arrested on February 4 and Rs 50,000 cash, mobile SIM and other gadgets were recovered from his possession while co-accused Majid Khan, of Jodhpur, Rajsthan, was arrested on February 7. Victims of this cyber fraud are from Maharashtra, Odisha, Punjab, Haryana, Himachal Pradesh.

A local resident had lodged a complaint with cyber police stating that he had deposited Rs 3,55,222 in the name of stock market trading after dealing with accused. Modus operandi of the accused was they used to give temporary mobile numbers to people after making analysis of shopping apps and food delivery apps. After transaction of money, accused used to switched off their mobile phones, police added.

(To receive our E-paper on whatsapp daily, please click here. To receive it on Telegram, please click here. We permit sharing of the paper's PDF on WhatsApp and other social media platforms.)

RECENT STORIES

Supreme Court issues directions to trial courts to safeguard victims

Supreme Court issues directions to trial courts to safeguard victims

Thane Creek gets 'RAMSAR' status; will boost tourism, create job opportunities

Thane Creek gets 'RAMSAR' status; will boost tourism, create job opportunities

Daily Horoscope for Sunday, August 14, 2022, for all zodiac signs by astrologer Vinayak Vishwas...

Daily Horoscope for Sunday, August 14, 2022, for all zodiac signs by astrologer Vinayak Vishwas...

Mumbai Traffic Police issue advisory ahead of Independence Day, click here for details

Mumbai Traffic Police issue advisory ahead of Independence Day, click here for details

700 robbery at knifepoint: 5 men set free after 5 years by Bombay HC

700 robbery at knifepoint: 5 men set free after 5 years by Bombay HC