Retired Colonel Loses Rs 41 Lakh In Gold Trading Scam In Delhi, China Link Emerges

Delhi Police busted a digital gold trading scam. Two fraudsters, Indra Kumar Sahni and Rahim Khan, were arrested from Gujarat and Rajasthan.

Police say the accused operated a well-organised cyber fraud network with international links.

Source : अभिषेक नयन

Delhi Police's South West District Cyber Cell has busted a cyber fraud ring operating under the guise of online digital gold trading. Two cyber criminals, identified as Indra Kumar Sahni (36) and Rahim Khan (24), hailing from Ahmedabad, Gujarat and Barmer, Rajasthan, respectively, have been arrested. Police recovered five mobile phones containing crucial evidence related to the scam.

The high-tech gang duped a retired Colonel from Delhi of approximately Rs 41.45 lakh by promising high returns on investment. Police say the accused operated a well-organised cyber fraud network with international links.

DCP Surender Chaudhary stated that a complaint was filed by a retired Colonel residing in Vasant Kunj. The Colonel revealed that he was contacted via WhatsApp and introduced to a website claiming to offer digital gold trading. He was lured with promises of high returns in dollars on his investment.

He invested Rs 41.45 lakh in the scheme, with the website showing his profits reaching up to Rs 1 crore. However, when he tried to withdraw funds, he was repeatedly asked for additional payments under various pretexts like new charges and taxes. After exhausting his funds without receiving any money, he filed a police complaint.

Gujarat Raid Yields Crucial Clues

A special team comprising a sub-inspector, a head constable and a constable was formed. Through technical surveillance, bank account scrutiny, and digital forensics, the team identified the accused and apprehended Indra Kumar Sahni from a hotel in Ahmedabad. Three mobile phones containing evidence were recovered. Further investigation led to the arrest of Rahim Khan, with two more mobile phones seized.

Interrogation revealed that Indra Kumar Sahni opened nine fake current accounts in his and others' names and provided them to the fraudsters for a commission. Rahim Khan managed these accounts, housing fake account holders from across the country in hotels to facilitate transactions. The scam has links to China.

Rahim installed a specific application on his phone via Telegram, allowing the operation to be controlled remotely from outside India. The accused received commissions in dollars from a mastermind based in China. Police have identified other suspects and are conducting raids to apprehend them.