💨 Abstract

Mumbai police arrested 10 individuals in five separate cases, where victims lost approximately 1.47 crore INR. The victims were deceived into investing in share markets through a fintech company, and their money was laundered using hawala channels and fake bank accounts. The suspects, from various parts of India, were remanded in police custody, and further investigation of the online scam is ongoing.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖