Overview

• Vakola Police arrested five individuals linked to a fake work-from-home scheme that defrauded victims of over ₹30 crore using WhatsApp and Telegram lures.
• West Region Cyber Police detained three suspects, including a BTech student, for a ₹15 lakh stock market trading scam targeting a businessman.
• Both syndicates employed advanced evasion tactics, including SIM card rotation, cryptocurrency conversion, and the use of multiple bank accounts to obscure money trails.
• Police investigations have uncovered extensive financial fraud, including cases amounting to ₹7.27 crore, ₹41 lakh, and ₹14 lakh in recent months.
• All eight suspects remain in custody as investigators trace laundered funds, identify further victims, and dismantle the broader fraud networks.