Fri, 14 Aug, 2026, 03:25 am
Cyber fraud: Accounts taken on commission for scam show transactions worth ₹2.73 crore
Reported by Bhaskar English
According to investigators, the accused lured the complainant's son with promises of high profits in the stock market and added him to a WhatsApp group.
The victim was then directed to a fake investment website, where fabricated profits were displayed to build confidence. Believing the returns to be genuine, the victim transferred a total of ₹19.60 lakh to accounts linked to the fraud.
A complaint was initially registered through the cybercrime helpline 1930, following which police launched an investigation.
During the investigation, police found that Vivek Beldiya had allegedly made an ICICI Bank account available for routing money obtained through cyber fraud in exchange for a commission.
The account was reportedly in the name of Satyajit Manjariya, who had already been arrested in the case. Police said the account was allegedly passed on to Beldiya through another accused, Pankaj Ramani.