New Delhi: The north Delhi Police busted a syndicate of bank account suppliers used for cyber offences and arrested two persons. The police action began after a complaint was filed by a 45-year-old teacher, who was duped of Rs 12,50,000 on the pretext of share market trading.
The accused, identified as Abrar Ahamed and Rahul Mishra, were arrested from Kota and Jaipur in Rajasthan, respectively. Police recovered several items, including laptops, mobile phones, debit cards, chequebooks and a SIM card from them.
According to police, the syndicate lured targets by promising high returns on share market trading, prompting them to invest substantial amounts. The police investigation revealed that the syndicate cheated multiple targets, with 62 similar complaints linked to the same bank account.
DCP (north) Raja Banthia said police froze the current account of AB Pharma in Axis Bank, which was used for cheating people. The account had a balance of Rs 50,000.
The accused told police that they provided current accounts to fraudsters in India, the Philippines and China. Police are analysing data from the recovered items to identify more connected frauds and nab other accused involved in the racket.
