HYDERABAD: Four Mumbai based totally fraudsters had been arrested by means of Cyberabad police on Thursday for cheating gullible individuals across India to the music of Rs 5 crore on the pretext of foreign currency trading.
Police said they arrested Shahnawaz Abdul Rehman Lakhani, Alok Pawar, Niket Shetty, Nawaz Ansari, from their name centre in Mumbai in line with mobile phone tower location and different clinical proof. On May eight, the Cyber Crime wing of Cyberabad police received a complaint from one Swetha, a resident of Rajendranagar, who claimed she had invested Rs 1.92 lakh after contacting the culprits over telephone.
The sufferer was given a person ID, a login password and IP number for viewing industry, reportedly carried out using MetaTrader4 device utility. “After some time, the sufferer discovered she had earned earnings on her investment. Buoyed by means of her earnings, she invested an extra Rs 7.26 lakh. After a month, the sufferer, on verification of the trading standing, discovered she had earned Rs 1.18 lakh profit in her account. Swetha decided to withdraw her investment together with the profit, however discovered the accused had saved their cellphones switched off,” Cyberabad police commissioner VC Sajjanar said in a press observe.
According to the police, Shanawaz, a commerce graduate from Palghar in Maharashtra, however a local of Gujarat, had earlier labored as a tele-caller with an online foreign currency trading company. Later, he started his personal company in July 2017 and started to worker telecallers to earn easy money. Alok Pawar and Niket Shetty had been team leaders, whilst Ansari was a tele-caller.
“Shanawaz used to assemble knowledge of other folks taken with percentage marketing from more than a few data providers like www.databaseindia.co-.in and ship bulk messages to them by means of assuring massive earnings in online foreign currency trading in a short time,” Sajjanar added.
He would explain to potential buyers in regards to the online foreign currency trading, trading programs besides the sale of MetaTrader4 utility (a device utility for online trading analysis). “If the buyer is of the same opinion to do online forex industry with them, they accumulate copies of PAN Card, Aadhaar Card and money and create an account in the name of the potential investor sooner than duping them,” police said.
Police said they arrested Shahnawaz Abdul Rehman Lakhani, Alok Pawar, Niket Shetty, Nawaz Ansari, from their name centre in Mumbai in line with mobile phone tower location and different clinical proof. On May eight, the Cyber Crime wing of Cyberabad police received a complaint from one Swetha, a resident of Rajendranagar, who claimed she had invested Rs 1.92 lakh after contacting the culprits over telephone.
The sufferer was given a person ID, a login password and IP number for viewing industry, reportedly carried out using MetaTrader4 device utility. “After some time, the sufferer discovered she had earned earnings on her investment. Buoyed by means of her earnings, she invested an extra Rs 7.26 lakh. After a month, the sufferer, on verification of the trading standing, discovered she had earned Rs 1.18 lakh profit in her account. Swetha decided to withdraw her investment together with the profit, however discovered the accused had saved their cellphones switched off,” Cyberabad police commissioner VC Sajjanar said in a press observe.
According to the police, Shanawaz, a commerce graduate from Palghar in Maharashtra, however a local of Gujarat, had earlier labored as a tele-caller with an online foreign currency trading company. Later, he started his personal company in July 2017 and started to worker telecallers to earn easy money. Alok Pawar and Niket Shetty had been team leaders, whilst Ansari was a tele-caller.
“Shanawaz used to assemble knowledge of other folks taken with percentage marketing from more than a few data providers like www.databaseindia.co-.in and ship bulk messages to them by means of assuring massive earnings in online foreign currency trading in a short time,” Sajjanar added.
He would explain to potential buyers in regards to the online foreign currency trading, trading programs besides the sale of MetaTrader4 utility (a device utility for online trading analysis). “If the buyer is of the same opinion to do online forex industry with them, they accumulate copies of PAN Card, Aadhaar Card and money and create an account in the name of the potential investor sooner than duping them,” police said.
4 held from Mum for cheating people of Rs 5 crore
![4 held from Mum for cheating people of Rs 5 crore]()
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June 23, 2018
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