💨 Abstract

An Odisha MLA and former IT minister lost Rs 1.4 crore to cyber fraud over a period of one and a half months. The police arrested seven suspects, four from Karnataka and three from Tamil Nadu, in connection with the case. The accused posed as trade analysts and promised high returns on investments in IPOs, shares, and other forms of trading.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖