Cyber Cell’s Vigilance Leads to Arrest of Fraudsters and Recovery of ₹7 Lakhs
In a significant victory against financial fraud, the Cyber Cell of Pimpri Chinchwad Police has effectively dismantled a sophisticated counterfeit share trading operation, resulting in the arrest of multiple suspects and the recovery of ₹7 lakhs in illicit proceeds.
The apprehended individuals, including Juned Mukhtar Qureshi, Salman Mansur Shaikh, Abdul Aziz Ansari, Akif Anwar, Arif Anwar Khan, and Taufik Gaffar Shaikh, were detained following a meticulous investigation conducted by law enforcement authorities. During the operation, a substantial cache of evidence was seized, including cash, mobile phones, debit cards, cheque books, and bank passbooks, shedding light on the extent of the fraudulent activities perpetrated by the accused.
Further inquiries have revealed that the fraudsters operated through a network of approximately 120 bank accounts, collectively defrauding unsuspecting citizens of crores of rupees. Investigations also suggest the involvement of a foreign national residing in Thailand, suspected to be the mastermind behind the scam targeting residents of Pimpri Chinchwad.
The successful disruption of this fraudulent enterprise underscores the unwavering dedication of law enforcement agencies in combating financial crimes and upholding the integrity of the financial system. Authorities remain steadfast in their commitment to identifying and thwarting similar illicit schemes, thereby safeguarding the financial interests of the community.
