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Delhi Police Arrest Three in ‘Money Heist’-Style Stock Fraud Probe

A Rs 22 lakh complaint triggered raids that recovered phones, SIMs, bank records.

Overview

  • The accused adopted screen names linked to the Netflix series, with Arpit Mishra called “Professor,” Prabhat Vajpayee “Amanda,” and Md. Abas Khan “Freddy.”
  • Investigators say the group built WhatsApp and social media channels offering stock tips, showed small early gains, then blocked withdrawals or pushed victims to deposit more.
  • Two suspects were detained in Delhi’s Sector-49, and a third was arrested in Siliguri during coordinated operations that extended to Noida and West Bengal.
  • Police reported seizing multiple mobile phones, SIM cards, bank passbooks, debit cards, and screenshots of transactions and chats tied to the scheme.
  • Media reports cite roughly 300 victims and losses of about Rs 150 crore with possible China-based collaborators, figures that remain under investigation.