ACCUSED WAS PART OF A NEXUS WHO CHEATED VICTIMS ON PRETEXT OF GETTING GOOD RETURNS BY INVESTING IN SHARE MARKET THROUGH AN ONLINE PLATFORM, RANDOM CALLS WERE MADE TO COMPLAINANT THROUGH TELEGRAM USING WIFI NETWORK OF OTHERS, 01 ROUTER, 17 SIM CARDS, 11 DEBIT CARDS, 04 PASSBOOKS, 15 CHEQUE BOOKS, 02 STAMPS, 01 PAN CARD & 01 SMARTPHONE RECOVERED FROM HIS POSSESSION, PART OF CHEATED AMOUNT RS. 8,55,000/- IN THE ALLEGED ACCOUNT OF ICICI BANK GOT FREEZED AND REST OF THE CHEATED AMOUNT WAS TRANSFERRED FURTHER IN OTHER ACCOUNTS BY THE ALLEGED PERSONS. HE USED TO WORK AS A SALES EXECUTIVE IN AN ELECTRONICS FIRM FOR TWO YEARS WHERE HE GAINED EXPERIENCE.HE COMMITTED THE CRIME TO EARN EASY MONEY SO AS TO FULFILL HIS DESIRES OF LAVISH LIFESTYLE.
Face2News/New Delhi
With the arrest of a cyber fraudster namely, Mohammad Daud S/o Mohd. Ayub Siddiqui R/o Vijay Park, Maujpur, Delhi, Age- 29 years, team PS Cyber solved a cheating case involving Rs. 23.50 Lakhs (Approx.) registered vide FIR No. 18/2024 u/s 419/420 IPC PS Cyber and recovered 01 Router, 17 SIM cards, 11 Debit cards, 04 passbooks, 15 cheque books, 02 Stamps, 01 PAN card & 01 Smartphone from his possession and part of cheated amount Rs. 8,55,000/- in the alleged account of ICICI bank got freezed & rest of the cheated amount was transferred in different accounts by alleged persons.
He was part of a nexus who cheated victim on pretext of getting good returns by investing in share market through an online platform. Random calls were made to complainant through telegram using wifi network of others, so as to remain undetected. Victim got impressed after seeing a link over instagram to earn high profits by trading in crypto currency. Accused committed the crime to earn easy money.
On 10.04.2024, on the basis of complaint received from a lady complainant r/o Usmanpur, Delhi regarding cheating of Rs. 23.50 Lakhs (Approx.). She got impressed by seeing a link over instagram to earn high profits by trading in crypto currency. After that she got connected to telegram where she received calls from unknown IDs who presented them as representative of Binance Company. They influenced her to invest in share market to earn huge returns and convinced her to start trading by investing Rs. 1000/- in beginning. After the trade, she got Rs. 1300/- in her account. After seeing such instant profit, she was convinced to invest more and subsequently, she invested more money in several transactions after which they created panic that her account got freezed and she has to transfer more money in order to restart trading.
They also forced her to take loan of Rs. 15 lakhs and pay in order to unblock all her funds. Under their influence, she overall transferred approx. Rs. 23.50 Lakhs. After two days, she received a call from her bank home branch asking reasons for these huge transactions. The official informed her that all the accounts to which she made transactions were faulty ones & she should stop such transactions. Thereafter, she realized that she had been duped by some cheaters.
Accordingly, a case vide FIR No. 18/2024 u/s 419/420 IPC was registered in PS Cyber and investigation was taken up.
INVESTIGATION: A police team led by Inspr. Vijay Kumar, SHO/PS Cyber comprising of SI Mohit, Ct. Kapil & Ct. Deepak was constituted under the supervision of ACP/Operations. The team was properly briefed and directed to solve the case and nab the culprit at the earliest.
During course of investigation, the team mounted technical surveillance and it was found that the whole cheated amount was deposited in 11 different banks, out of which Rs. 9,64,000/- was credited in a Corporate Bank Account of ICICI branch in Meerut and the same was being operated through online transactions only.
Dr. Joy Tirkey, IPS, Dy. Commissioner of Police, North-East District, said a total of Rs. 1 Crore 44 Lakh credited in the said bank account in a single day i.e. on 20.03.2024. Commission received to the accused Mohammad Daud from the cheated amount was used by the accused person to spend a lavish life. He also disclosed that he started cheating people alongwith his associates since a year. He studied upto 12th standard and works as sales executive in a reputed company and deputed at Dilshad Garden, Delhi where he gained experience. Further efforts are on to trace his associates and possible involvements in other cases/complaints also.
On detailed analysis, it was established that Rs. 1.4 Crore (approx.) were transacted through this account in a single day. Taking clue from the analysis, team put up its consistent efforts and traced the IP logs of the debit transactions of said account which was generated from a rented premises in Maujpur, Delhi.
After proper technical investigation and surveillance, a raid was conducted and a person namely, Mohammad Daud S/o Mohd. Ayub Siddiqui R/o Vijay Park, Maujpur, Delhi, Age- 29 years was nabbed and 01 Router, 17 SIM cards, 11 Debit cards, 04 passbooks, 15 cheque books, 02 Stamps, 01 PAN card & 01 Smartphone were recovered from his possession. Part of cheated amount Rs. 8,55,000/- in the said account of ICICI bank got freezed by the team & rest of the cheated amount was transferred in different accounts by alleged persons.
On sustained interrogation, accused Daud admitted for his crime and revealed that he alongwith his associates randomly connect to VIOM networks via wifi of existing users of Maujpur Area of North East Delhi, by just paying Rs. 10/- each time to connect.
MODUS OPERANDI: Accused Mohammad Daud along with his associates hatched a criminal conspiracy to cheat the gullible public by impersonating themselves as Binance company representatives and allured them to invest in their fake investment portfolio portal hotdhes.net. In furtherance of the same, they initially contacted victim via telegram and sent her a link which allured victim to earn high profits by liking some sharechat referral links.
Later she was asked to start trading through their investment portfolio portal hotdhes.net resulting in loss of Rs. 23.50 Lakhs (approx) to the victim. All the cheated amount credits in total 11 mule corporate bank accounts, the account holders of which were either not reachable or left the address given in the bank details. One of the beneficiary Bank account which pertains to Sunrise Trading Company was benefitted with Rs. 9,64,000/-.
The account holder namely Jameer Ahmed R/o Meerut, UP was not treacable, but the said account was managed by accused Mohammad Daud as per the IP logs of the transactions. Upon interrogation, it was found that the said account was further provided to the fraudsters by accused Mohammad Daud to credit the cheated amount. Accused Mohammad Daud was benefitted with huge commission for each transaction made in the said account.
Dr. Joy Tirkey, IPS, Dy. Commissioner of Police, North-East District, said a total of Rs. 1 Crore 44 Lakh credited in the said bank account in a single day i.e. on 20.03.2024. Commission received to the accused Mohammad Daud from the cheated amount was used by the accused person to spend a lavish life. He also disclosed that he started cheating people alongwith his associates since a year. He studied upto 12th standard and works as sales executive in a reputed company and deputed at Dilshad Garden, Delhi where he gained experience. Further efforts are on to trace his associates and possible involvements in other cases/complaints also.