The record
Written from the 1 report below. Nothing here is unsourced.
- Surat cyber crime police arrested three men from Kashipur, Uttarakhand, for their role in an international cyber fraud ring that cheated a Surat investor of over Rs 1.63 crore through a fake gold mining investment scheme.
- The fraudsters contacted the victim via a fake Facebook ID in December 2024, lured him with promised daily returns on the purported Gold Rush Global Capital scheme, showed fake profits on a bogus trading app, and then extracted further transfers citing tax, margin and withdrawal charges.
- Investigators found the fake website's server was based in Singapore, and the arrested men earned commissions by renting out their own and others' bank accounts to the gang.
- The same bank account used in the fraud was flagged in three other serious complaints on the national cyber crime portal, and police are interrogating the accused to trace the masterminds operating from abroad.
What to watch next
- Whether interrogation reveals the main masterminds running the network from abroad and details of the Singapore-based server.
- How many more victims across India were targeted by the same gold mining and fake trading scheme.
- Any further arrests, including account holders who rented out bank accounts for commissions.
Coverage1
1 report
Indian-language1
All filed from India
Named India · Singapore · Facebook · Gujarat · HDFC Bank · Kashipur · Mohammed Izhar · Mohammed Sumair · Mohammed Uvesh · Surat · Udham Singh Nagar · Uttarakhand · WhatsApp
The 1 report is listed beside the record.
Ask this story
Answers cite the reports above, or say they can't.