Times News Network
Surat: Cybercrime police have arrested a 30-year-old man for allegedly facilitating the transfer of money in an online investment fraud in which a Surat resident was cheated of Rs 46.16 lakh through a fake share market and forex trading scheme.The accused, Avinik Vaghasiya, allegedly withdrew Rs 1.26 lakh from a bank account into which the victim had transferred part of the defrauded amount. Police said the account was used as a conduit to siphon off the fraud proceeds.Investigators found that the bank account is linked to six cyber fraud cases registered on the National Cyber Crime Reporting Portal (NCCRP). Vaghasiya also has three previous criminal cases registered against him.Police said efforts are underway to trace and arrest the masterminds behind the investment scam, who allegedly lured the victim with promises of high returns through bogus share market and forex trading platforms.
