💨 Abstract

A 29-year-old man, Jitendra Sharma, was arrested in Maharashtra for defrauding multiple investors of over Rs 48 lakh in Outer North Delhi. Sharma posed as a financial services company representative, using a fake trading app to lure victims. He operated through shell companies and dormant bank accounts to quickly move money. Sharma was previously arrested for a similar cyber fraud case and was out on bail.

Courtesy: theprint.in