Two masterminds of gang involved in ₹87.43 crore fraud arrested; network of deception spread across 21 states.

Ghaziabad Cyber Crime Police have arrested two cyber fraudsters from a gang that defrauded ₹87.43 crore across 21 states under the pretext of share trading and Telegram tasks. The accused had cheated a person from Ghaziabad of ₹6.88 lakh. The police arrested the accused based on their bank account details.

Cyber News Sep 30, 2025 0 35 Add to Reading List

Two masterminds of gang involved in ₹87.43 crore fraud arrested; network of deception spread across 21 states.

Cybercrime Police Arrest Two Fraudsters Involved in ₹87.43 Crore Scam Spread Across 21 States

The Cyber Crime Police Station has arrested two cyber fraudsters from a gang that carried out 158 cases of fraud across 21 states, cheating people out of ₹87.43 crore under the guise of share trading, cryptocurrency, and Telegram task scams. The accused had duped a resident of Ghaziabad out of ₹6.88 lakh in March last year. Another accused, who provided bank accounts on commission, is currently absconding.

According to ACP Crime Bhaskar Verma, the arrested accused are Ram Ashish and Amardeep, residents of Jahangirpuri, Delhi. Last year, they defrauded Bharat Tuteja, a resident of Panchvati Colony, by luring him with promises of earning money through Telegram tasks, and took ₹6.88 lakh from him.

Based on the victim’s complaint, a case was registered on March 13, 2024, and the Cyber Crime Police began investigation. During the probe, details of transactions in one of the bank accounts were traced, which led to the arrest of the accused.

According to ACP Bhaskar Verma, Ram Ashish revealed during interrogation that he is currently pursuing a BCA (Bachelor of Computer Applications), while Amardeep is a 12th-grade pass. Ram Ashish told the police that about two years ago, he worked for an NGO called Azad Foundation, where he was responsible for encouraging women to apply for jobs. After losing that job, he came into contact with Amardeep.

Amardeep was already working for cyber fraudsters. He lured Ram Ashish with the promise of high earnings if he joined the cyber fraud network. Together, they registered a firm named Tech Plaza Enterprises and opened a bank account in its name.

Both of them handed over complete details of the company and their personal bank accounts to one Ajay Paswan, a resident of Burari, Delhi.

During interrogation, it was found that their gang had committed 158 cases of cyber fraud, totaling ₹87.43 crore, involving victims from 21 states and union territories:
Andhra Pradesh, Delhi, Karnataka, Maharashtra, Manipur, Punjab, Tamil Nadu, Uttar Pradesh, Telangana, West Bengal, Haryana, Gujarat, Jharkhand, Kerala, Bihar, Madhya Pradesh, Odisha, Puducherry, Rajasthan, Chhattisgarh, and Chandigarh.