New Delhi/Bhubaneswar: The Delhi Police has arrested three men, all from Odisha, allegedly involved in operating a cyber fraud network posing as representatives of SEBI-registered stockbrokers that facilitated a pan-India investment scam amounting to nearly Rs 50 lakh, an official said Monday.
The accused, identified as Pravash Chandra Panda (43), and his nephews, Pritam Roshan Panda (27) and Sritam Roshan Panda (24), are linked to 165 cybercrime complaints across the country, with financial trails indicating transactions worth Rs 6.33 crore, they added.
The arrests were made during the investigation of a case registered in Dwarka, involving a complainant who was duped by fraudsters posing as representatives of SEBI-registered stockbrokers, Deputy Commissioner of Police (Crime) Aditya Gautam said.