A Haridwar resident complained in 2021 that he was duped into transferring ₹15 lakh to completely different financial institution accounts by the accused on the pretext of on-line buying and selling in shares
A person from Odisha’s Sudndargarh has been arrested on expenses of duping a Haridwar resident of ₹15 lakh final 12 months on the pretext of investing the quantity on-line within the share market, an official mentioned on Wednesday.
The accused was recognized as Ahmed Siddique, 45, a resident of Rourkela metal township.
Police mentioned the opposite accused within the case have been arrested earlier from Punjab’s Faridkot, Madhya Pradesh capital Bhopal, and Mumbai.
“Throughout their investigation, their involvement in cash laundering of crores of rupees have additionally come to the fore,” mentioned senior superintendent of police, particular activity power, Ajay Singh.
Haridwar resident Ankit Singh final 12 months complained to the cyber crime police station final 12 months that he was duped into transferring ₹15 lakh to completely different financial institution accounts by the accused.
A case on this regard was registered underneath part 120-B (prison conspiracy) and 420 (dishonest) of the Indian Penal Code and part 66(D) of the IT Act.