ACCUSED LINKED TO MULTIPLE CHEATING CASES ACROSS INDIA
Face2News/News Delhi
The team of WR-II/Crime Branch has arrested an absconding desperate criminal, who has been identified as Krishna Kumar Sharma S/o Ramniwas Sharma R/o Gali No. 18, Kiran Garden, Uttam Nagar, Delhi Permanent Address Flat No. 505, 122/1, NK Banerjee Street, Rishra, Hoogly, West Bengal Age-31 years from Kiran Garden, Uttam Nagar, Delhi. Accused Krishna Kumar Sharma is mastermind of an interstate Pan-India Forex exchange cheating gang.
He was wanted in FIR No. 189/25 dated 14.11.25 u/s 318(4)/319(2)/61(2) BNS PS Shakespeare Sarani, Kolkata, West Bengal. A warrant of Arrest has been issued by the Hon’ble CJM, Calcutta vide order dated 06.12.25 against him. The accused had induced and cheated the victim of foreign currency which include USD 15000/- and Euro 1000/- valued about 14,50,000/- INR in above case.
In FIR No. 189/25 dated 14.11.25 u/s 318(4)/319(2)/61(2) BNS PS Shakespeare Sarani, Kolkata, West Bengal, the accused had induced and cheated the victim of foreign currency which include USD 15000/- and Euro 1000/- valued about 14,50,000/- INR in above case. A warrant of Arrest has been issued by the Hon’ble CJM, Calcutta vide order dated 06.12.25 against him. His associate namely Saurabh had been arrested by Kolkata Police.
The FIR No. 117/24 dated 01.05.2024 u/s 420/34 IPC PS Connaught Place, Delhi was registered on the complaint of Shivam Pandey. He has alleged that on the instructions of his employer went to the accused Krishna@ Raghav for collecting money, he was given a water glass bottle. That after drinking water he was hypnotized and after regaining consciousness, it is found that his bag containing 25000/- USD was missing. Accused had cheated victim of 25,000/- USD, by same Modus Operandi. In this case, he has been arrested and is on court bail.
On 06/12/2025, a secret information was received to SI Anuj Chhikara that one fugitive criminal namely Krishna Kumar Sharma, who is involved in several case and wanted in a case of PS Shakespeare Sarani District Kolkata South Division, West Bengal, would come to Kiran Garden, Uttam Nagar, Delhi to meet someone. Accordingly, a trap was laid by the team and accused was apprehended.
MODUS OPERANDI: The gang cheats victims under the pretext of dealing in U.S. Dollars & euro. The main accused, Krishna Sharma, pretends to be involved in the film industry and falsely represents himself as a film businessman to gain the trust of professionals. Krishna Sharma convinces the victims that he can arrange meetings with film actors for upcoming film projects, thereby gaining their confidence and cheating them of large sums of money.
Mr. Harsh Indora, IPS, DCP, Crime Branch, said, the gang members travel by air. Immediately after committing the fraud, they book flight tickets and abscond. The gang usually schedules meetings between 11 AM and 2 PM.It has also come to notice that the gang has cheated various travel companies as well forex exchangers. The gang books flights and five-star hotels only through cash payments.The gang uses multiple mobile phones and multiple SIM cards & use Zangi App. During the commission of the offence, the gang carries items like ladies’ chili spray and chloroform for their own safety.
In this gang, the nephew of Krishna Sharma, named Mayank Sharma, along with several other persons such as bouncers, makeup men, and others, participates in the crime. The gang creates a setup showing Krishna Sharma as a big film director to win the trust of businessmen. They book spacious rooms in five-star hotels to make the situation appear genuine. Some members of the gang call the businessmen to the room, take U.S. Dollars/Euro from them, and tell them that they will go to the bedroom to show the dollars to the manager and return with Indian currency. However, they escape through the bedroom door. After some time, when the businessmen check the bedroom, they find no one there and the main door left open. This is how the gang executes the cheating.It has been observed that the gang always organizes such meetings only in five-star hotels.
Mr. Harsh Indora, IPS, DCP, Crime Branch, said, the gang members travel by air. Immediately after committing the fraud, they book flight tickets and abscond. The gang usually schedules meetings between 11 AM and 2 PM.It has also come to notice that the gang has cheated various travel companies as well forex exchangers. The gang books flights and five-star hotels only through cash payments.The gang uses multiple mobile phones and multiple SIM cards & use Zangi App. During the commission of the offence, the gang carries items like ladies’ chili spray and chloroform for their own safety.
CASE WORKED OUT: FIR No. 189/25 dated 14.11.25 u/s 318(4)/319(2)/61(2) BNS PS Shakespeare Sarani, Kolkata, West Bengal.
PREVIOUS INVOLVEMENT: FIR No. 404/23 dated 03.07.2023 u/s 406/420 IPC PS Amboli, Mumbai, Maharashtra., FIR No. 42/24 dated 06.03.2024 u/s 406/420/34 IPC PS Airport, Greater Mumbai, Maharashtra., FIR No. 117/24 dated 01.05.2024 u/s 420/34 IPC PS Connaught Place, Delhi., FIR No. 250/24 u/s 420/34 IPC PS Vakola Santacruze East, Mumbai, Maharashtra. FIR No. 189/25 dated 14.11.2025 u/s 318(4)/319(2)/61(2) BNS PS Shakespeare Sarani District Kolkata South Division, West Bengal.
PROFILES OF ACCUSED: The accused Krishna Kumar Sharma was born at Kolkata, West Bengal in the year 1994. His father was an accountant in Kolkata. He completed his schooling from Higher Secondary School, Kolkata. After which, in the year 2016, he graduated in B. Com(Hons.) from Calcutta University. In the year 2017, he started an Event Management company with the name Ace Entertainment and started event management, celebrity management etc. In the year 2019, he even produced a music video with Zee Music. During COVID, he ran into losses and got indulged in commission of cheating Forex Traders. He travels to metro cities of India and dupe traders on the pretext of giving higher rates of USD and EURO currencies. He had cheated a lady of Rs. 45 Lakhs on the pretext of signing a Bollywood actor and FIR No. 404/23 dated 03.07.2023 u/s 406/420 IPC PS Amboli, Mumbai, Maharashtra was registered in this regard. He has been arrested and presently on court bail in this case.