Cyber Crime Police nabbed a gang of cyber fraudsters targeting innocent persons in the name of online trading by using Market Box trading application. Fraudsters cheated the complainant to the tune of Rs. 27,90,000/-.
A case was registered in Cr. No.521/2021 u/s 419 & 420 IPC and Sec 66C & 66D of IT Actbased on a complaint where the complainant had started online trading on ‘Market Box’ trading application and initially he invested approximately Rs. 9,999/- and lost the whole amount. Then he again deposited 10 lakh rupees, traded and received Rs.14.9 lakhs. Similarly, he continued trading and invested around Rs.62.6 lakhs and received Rs.34.7 lakhs. In this process, he lost Rs.27,90,000 realizing it to be a fraud and approached the police.
Details:
A1. Abhishek Jain S/o Praveen Kumar Jain Age:32 years, Occ: Commodity Trader R/o
Kailashpuri, behind Shivmandir, Mughalsarai, Chandauli dist., UP – main accused operating
Market Box trading app.
A2. Pawan Kumar Prajapat, S/o Ashok Kumar Prajapat, Age:35 Yrs, Occ: Fintech Business, r/o: Technocrate society, Burhani Apartment 3rd Floor House No:6, Bargaon Road, Udaipur,
Rajasthan State – provided bank accounts.
A3. Akash Roy, S/o Anand Roy, Age:39 Yrs, Occ: Fintech Business, r/o: Meera Nagar, Rajasthan Housing Board Colony, Bhuwana Udaipur, Rajasthan State – provided bank accounts.
A4. Krishna Kumar, S/o Surahu Ram Age:38 Yrs, r/o. Alampur, Mughalsarai, Chandauli, Uttar Pradesh – accomplice of A1 and collects money from hawala traders. Property Seized:
1. Cash of Rs. 9 Crores 81 Lakhs
2. Mobile phones: (07)
3. Laptop/tabs: (02)
