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Delhi Police Arrests Five in Investment Fraud Syndicate Bust

Indian Community Editorial TeamBy Indian Community Editorial TeamMarch 28, 20262 Mins ReadNo Comments Add us to Google Preferred Sources
Delhi Police Arrests Five in Investment Fraud Syndicate Bust
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The Delhi Police have apprehended five individuals involved in a network of mule bank accounts used for cyber crimes. The accused, identified as Shridhar Dilip Ingle, Archiryan Goraksh Kamble, Ajij Miran Shaikh, Pranav Jalinder Guldagad, and Vishal Durgadas Bachal, were arrested by the Cyber Police Station team of the South-West District.

Recovered from the accused were six mobile phones used in the fraudulent activities and details of 35 bank accounts linked to illicit transactions. The case stemmed from a complaint filed on September 4, 2025, by a man from Arunachal Pradesh residing in Delhi, who alleged being deceived into investing in the stock market through a fake firm named Next Billion Technology Pvt. Ltd.

The complainant, after opening an OTC account on July 7, 2025, was contacted by individuals posing as representatives of the firm, who enticed him with promises of high returns. Believing the false assurances, the complainant transferred a total of Rs 12,22,670, only to realize later that the company was bogus, leading to the registration of a case at the Cyber Police Station.

A dedicated police team, under the supervision of Inspector Pravesh Kaushik and ACP Sanghmitra, conducted technical analysis and surveillance, tracing the suspects to Maharashtra. The main accused, Shridhar Dilip Ingle, was identified through technical means, leading to his arrest in Shrirampur, Maharashtra. Ingle confessed to selling mule bank accounts for commissions and implicated his associates in the illegal activities.

Ajij Miran Shaikh Archiryan Goraksh Kamble Arunachal Pradesh Cyber Police Station Delhi Police Dubai Maharashtra NCRP portal Next Billion Technology Pvt. Ltd Parineeti Jain Pranav Jalinder Guldagad Shridhar Dilip Ingle South-West District Vishal Durgadas Bachal
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Indian Community Editorial Team

The Indian Community Editorial Team curates, verifies, and publishes stories that matter to Indians worldwide. From culture and community to business and innovation, our mission is to spotlight voices, ideas, and events that bring our global community closer together. Have news or a story to share? Submit it to us at [email protected].

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