Cyberabad police yesterday busted a multi-crore investment scam and arrested three persons in one of the biggest cyber frauds.
Hyderabad, October 26 — In a major breakthrough, Cyberabad police's Cyber Crime Wing arrested three fraudsters associated with the case of major investment scam. According to sources, the accused persons include Rameswara Behera and his associates, Shaik Jainab, popularly known as Niharika and her husband Akbar Khan from Bengaluru, had allegedly cheated the victim of ₹1.45 crores.
A complaint has been lodged on 3rd September detailing how the victim had first contacted Niharika in January 2019 over a phone call wherein she lured him with a fantastic return during the talk. The investment was initially ₹2 lakh which went higher with further inducements from her to an unbelievable amount of ₹1.45 crores. Even though she had assured him of very high returns on his investments, he never received any such returns.
The police say that Rameswara Behera, alias Bhatt, is an engineer by profession. Jainab and Akbar Khan used to be his subordinates. All of them had planned the whole ponzi scam to attract innocent investors on the 'high-scale returns promised to them'.