A 22-year-old man was arrested on Monday in reference to a ₹5.5 crore cyberfraud case wherein a resident of Outdated Faridabad was allegedly duped via a pretend inventory market funding scheme, police mentioned, including that this makes the twelfth arrest within the case.
The suspect, recognized as Mohit (single title), a resident of Chittorgarh in Rajasthan, allegedly offered a checking account that was used within the fraud, they added.
A senior official on the Faridabad Central cyber police station mentioned 11 suspects had already been arrested within the case. “Primarily based on a grievance submitted by the sufferer, he was first contacted by cyberfraudsters via a personal message known as ‘B16 Belief Line Investor Community and Belief Line VIP 1073’ in September final 12 months, the place he was lured into making substantial income by investing within the inventory market,” the official mentioned, requesting anonymity.
Officers mentioned the fraudsters requested the sufferer to obtain an app known as “TL FIN” and switch cash to a number of accounts for funding. “As quickly because the complainant transferred cash to the accounts and despatched the transaction IDs to the fraudsters, the quantity, together with the revenue, would seem in his app account. Thus, the complainant invested a complete of ₹5,562,1548,” mentioned Yashpal Yadav, public relations officer of Faridabad police.
Yadav mentioned the sufferer realised he had been defrauded when the platform and personal message went offline in a single day after he tried to withdraw his invested quantity. “An FIR below Part 318(4) (provisions of dishonest) below the Bharatiya Nyaya Sanhita was subsequently lodged and eleven arrests had been thereafter made between October 2025 and January 2026,” Yadav mentioned.
Throughout interrogation, Mohit allegedly instructed police he was an account holder within the case. “He had supplied the account particulars of his agency, ‘Sanwariya Merchants’, to the fraudsters, who later transferred ₹50 lakh to his account,” Yadav mentioned, including that the suspect has been positioned below five-day police remand for additional questioning. Police mentioned efforts are being made to recuperate the defrauded cash.
