Chinese National Arrested in ₹100 Crore Cyber Fraud Case in Delhi

Fang Chenjin was apprehended for orchestrating stock trading scams via WhatsApp, affecting multiple victims across India.

Fang Chenjin, a Chinese national, was arrested in Delhi for his involvement in a cyber fraud case amounting to over ₹100 crore.
The fraud was executed through online stock trading scams conducted via WhatsApp groups, primarily targeting individuals seeking investment opportunities.
One victim, Suresh Kolichiyil Achuthan, lost ₹43.5 lakh in a fraudulent stock market training scheme orchestrated by Chenjin.
Investigations have linked Chenjin to 17 criminal complaints and two other major fraud cases involving cybercrime and money laundering in Andhra Pradesh and Uttar Pradesh.
The Delhi police's investigation uncovered a network of fraudulent bank accounts and mobile numbers, leading to Chenjin's arrest and further inquiries into the broader cybercrime nexus.