Indian police have arrested five suspects associated with a fraudulent scheme targeting individuals seeking remote work opportunities.
Arrest of suspects in fraud
The Indian police arrested five suspects, including Krish, Deepa, Gaurav, Manthan, and Nidhi Agarwal, accused of being part of a scheme that scammed a woman out of over Rs. 17.29 lakh (approximately $21,000) through fake online tasks. The case emerged in July when a 29-year-old woman from Burari filed a complaint.
Criminals' methods
According to the victim, the suspects exploited her desperation for a job to deceive her. They encouraged her to complete tasks on Telegram and make UPI payments, promising rewards that never materialized. The investigation revealed that they also misused her identity to take out personal loans totaling around Rs. 8.8 lakh (approximately $11,000).
Investigation continues
Authorities found that the stolen funds were transferred through numerous bank accounts before being converted into digital assets like USDT. Police conducted successful raids at various locations across Delhi, leading to the arrest of the suspects. Nidhi Agarwal emerged as a key figure in the network, involved in laundering money and acquiring digital assets.
The investigation is ongoing as police aim to uncover the roles of other associates in the scheme and recover the defrauded amount.
