Sat, 24 Oct, 2026, 05:07 pm
Reported by ETV Bharat News
Surat: The Surat City Cyber Crime Cell busted a major online fraud network by arresting two individuals linked to an international cyber fraud gang. Police investigation revealed that the accused lured people into downloading fake applications with the promise of huge profits in share market trading. The victims were then coerced into transferring money to various bank accounts. The investigation uncovered a network involved in online fraud worth approximately Rs 410 crore.
According to police, the complainant in this case was lured with the promise of making huge profits through share trading. He was asked to download fake applications named HB Ultra and IISL Sec and create trading accounts in them. Through the fake applications, the complainant was tricked into transferring a total of Rs 23,38,800 to various bank accounts.
Later, when the complainant attempted to withdraw the money, he was prevented from doing so. A case was registered at the Surat Cyber Crime Police Station under various sections of the Indian Penal Code, 2023, and Section 66(D) of the Information Technology Act.
Given the gravity of the crime, Police Inspector YS Sisodia and his team, under the guidance of Police Commissioner Wangbang Jamir, Additional Commissioner of Police (Crime) Karanraj Vaghela, and Deputy Commissioner of Police (Cyber Cell) Vishakha Jain, initiated an investigation.