New Delhi: Delhi Police have uncovered a suspected pan-India cybercrime network allegedly involved in investment fraud and the use of mule bank accounts, leading to the arrest of nine people across multiple states.
According to police, the investigation connected the network with 34 cyber fraud complaints registered on the National Cybercrime Reporting Portal (NCRP). The complaints reportedly involved fraudulent transactions worth more than ₹15.71 crore.
Police said the arrests also helped solve seven cybercrime cases registered in Delhi, involving approximately ₹2.7 crore in alleged fraud.

Investigation Reveals Possible Overseas Links

Deputy Commissioner of Police (Southwest) Amit Goel said the investigation uncovered possible international connections. Police found indications of a Qatar connection, while digital evidence and statements gathered during the investigation suggested that some operational coordination may have been handled through associates based in Dubai.
The investigation began after a resident of Delhi’s Palam Colony allegedly lost ₹4.82 lakh in an investment scam.
According to investigators, the victim was approached through social media groups that appeared to promote investment and trading education. After being attracted by promises of trading profits, the victim allegedly transferred money but was ultimately cheated.

Money Trail Helped Police Trace Suspects

Delhi Police followed the financial transactions and digital footprints connected to the complaint. These investigative leads reportedly helped officers identify suspects operating from different parts of the country.
Raids were subsequently carried out in Kerala, Maharashtra, Gujarat and Punjab, resulting in the arrest of nine accused persons.
Police also seized eight mobile phones during the operation. The devices reportedly contained digital records considered relevant to the investigation.

Growing Threat of Online Investment Scams

The case highlights the increasing use of social media platforms to target people with fraudulent investment and trading schemes. Criminal networks can use apparently legitimate online communities to build trust before directing victims toward fake investment opportunities or fraudulent payment channels.
The alleged use of mule accounts can further complicate investigations by moving or disguising funds received from victims.
Delhi Police’s latest operation demonstrates the importance of following digital evidence and financial transaction trails when investigating organised cyber fraud.
Authorities continue to investigate the wider network and its suspected domestic and international connections.