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DELHI POLICE BUSTED GLOBAL CYBERCRIME KINGPIN, NABS CHINESE NATIONAL BEHIND RS. 100 CRORE FRAUD NETWORK

November 19, 2024 06:00 PM

MAJOR CYBER FRAUD CASE BY PS THE STAFF OF PS CYBER, SHAHDARA.,  ACCUSED FANG CHENJIN IS PREVIOUSLY INVOLVED IN TWO SIMILAR CASES, TECHNICAL AND MANUAL SURVEILLANCE LEADS TO THE ARREST OF ACCUSED PERSONS. MOBILE PHONE WITH IMEI NO. 86269406720421, WHICH WAS USED TO FACILITATE THE TRANSACTIONS RECOVERED FROM THE POSSESSION OF THE ACCUSED., INVESTIGATION REVEALED A WIDER NETWORK OF 17 SIMILAR COMPLAINTS INVOLVING A FINCARE BANK ACCOUNT LINKED TO THE FRAUD, AMOUNTING TO OVER RS. 100 CRORES.

Face2News/New Delhi

Shahdara Cyber Police Station has arrested a Chinese national, Fang Chenjin, in connection with a major cyber fraud case involving the cheating of over Rs. 43.5 Lakhs. The fraud was carried out through online stock trading scams orchestrated via WhatsApp groups, targeting individuals.
 
A complaint lodged by Sh. Suresh Kolichiyil Achuthan on 24th July 2024 at the Cyber Crime Portal wherein the complainant reported that he was lured into fraudulent stock market training sessions and subsequently tricked into investing Rs. 43.5 Lakhs in several transactions. These investments were directed to multiple bank accounts controlled by the fraudsters.

TECHNICAL ANALYSIS, RAID & ARREST

Seeing the sensitivity of the case, a specialized team was consisting if Insp Rajeev, HC Sajjan Kumar and HC Javed was constituted under the guidance of SHO/Cyber Insp. Manish Kumar and overall supervision of ACP/Ops. Gurdev Singh to nab the accused and bring justice to the victim. During the course of investigation details of bank accounts in which cheated amount has been transferred was obtained and call details of suspect mobile number were analysed.

Mr. Prashant Gautam, IPS, Dy. Commissionner Of Police, Shahdara District, said Fang Chenjin, a Chinese national residing at Safdarjung Enclave, Delhi, was arrested after evidence, including a mobile phone and WhatsApp chat logs were recovered from his possession. The WhatsApp conversations between him and an associate clearly showed that he was directing the fraudulent activities, including the recharge of the mobile number used in the scam. Further investigation of the case is underway.

Thorough investigation was conducted in terms of bank accounts and mobile numbers connected to the all the suspect persons. Technical analysis and sincere efforts of team led to the link connected to fraud.
The team meticulously worked and the hard of team traced the funds to a bank account in the name of Maha Laxmi Traders located in Mundka, Delhi. This account was found to be linked to fraudulent transactions, with one transfer of Rs. 1.25 Lakhs being made on 24th April 2024. Further inquiry led the team to a mobile phone registered which led the team to Fang Chenjin.

Mr. Prashant Gautam, IPS, Dy. Commissionner Of Police, Shahdara District, said Fang Chenjin, a Chinese national residing at Safdarjung Enclave, Delhi, was arrested after evidence, including a mobile phone and WhatsApp chat logs were recovered from his possession. The WhatsApp conversations between him and an associate clearly showed that he was directing the fraudulent activities, including the recharge of the mobile number used in the scam. Further investigation of the case is underway.

RECOVERY:  Mobile phone used in commission of crime. WhatsApp chat where Fang Chenjin instructed his associate to recharge the mobile number involved in the fraud.

KNOW THE ACCUDED: Fang Chenjin s/o Fang Nong Sheng r/o (Gaungdong, China) Krishna Nagar, Safdarjung Enclave, Delhi. PASSPORT NO:- EH3199388 . Fang Chenjin Came in India on Work Visa for a Tiawani Company in Andhra Pradesh in April 2020. At the time of arrest by Andhra Police His Visa is valid. And Both Passport and Visa are seized by Andhra Police. Now he has no valid Visa.

Further investigation revealed that Fang Chenjin is linked to two other significant fraud cases involving cybercrime and money laundering in Andhra Pradesh and Uttar Pradesh. There are also 17 criminal complaints registered with the Cyber Crime Portal, all linked to the same Fincare Bank account with the total amount defrauded exceeding Rs. 100 crores. Further investigation is underway.

 
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