Background and Timeline: On March 24, 2026, the Cyber Police Station team of the South-West District announced the dismantling of a sophisticated fraud ring. The investigation was triggered following a complaint by a senior citizen who had lost his life savings to bogus investment apps. The racket was found to be operating across Delhi, Mumbai, and Rajasthan, utilizing highly structured networks to move illicit proceeds.
Modus Operandi: The fraudsters initially made contact through Facebook advertisements and induced the victim to invest via fake applications named ‘Mudra One’ and ‘Nine Pro’. They promised high returns and built trust through initial profit displays on the app dashboard. Once the victim sought the returns, the accused blocked all communication channels and deactivated the WhatsApp accounts used for the scam.
Victims and Financial Impact: A single senior citizen was duped of ₹22.67 lakh under the pretext of assured high returns. The broader investigation suggests that this syndicate was managing dozens of mule bank accounts to layer proceeds from hundreds of other victims. Total recoveries from the operation include 92 SIM cards, 40 mobile phones, 39 cheque books, and 45 company stamps, indicating a professional logistics setup.
Investigation and Agencies Involved: A special team led by Additional DCP Abhimanyu Poswal conducted Call Detail Record (CDR) analysis and technical surveillance of social media activity. The team raided locations in Netaji Subhash Place and Rohini to apprehend the account managers. Information received indicates the existence of an operator named ‘PK’ in Mumbai who facilitates fund transfers to Cambodia.
Arrests and Suspects: Eleven cyber fraudsters have been arrested, including a primary group of four: Tejinder alias Lucky, Ashish Saini, Sikhdayal Singh, and Giriraj Kishore. Upon further interrogation, two additional individuals, Pratibha and Satish, were apprehended for operating the mule bank accounts. Police are now working to identify the international links and further legal proceedings are being initiated.
Broader Implications and Trends: This case highlights the “professionalization” of investment fraud where different teams handle ads, calling, and banking logistics separately. It confirms the role of Mumbai-based facilitators in moving Indian funds to Cambodia-based handlers. Authorities emphasize that citizens should verify any investment app’s registration status before transferring any significant sums,