Delhi Police arrested 31-year-old Bengaluru software engineer Ravi Rathore for allegedly running a fake online trading racket. Investigators say his fraudulent mobile app and website promised guaranteed returns while using manipulated profit displays, fake investment claims, and call-centre operations. Technical analysis reportedly shows over 14,000 transactions and about 636 victim-linked accounts tied to a scam involving nearly Rs 100 crore.
Delhi Police arrested three people, including a bank assistant manager, in a Rs 45 lakh investment scam that targeted a retired government officer. The accused allegedly lured the victim with promises of high returns on IPOs via a fake trading app. Investigators found the money was routed through mule accounts, with the bank official accused of enabling the laundering.
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