Privacy And Security

Delhi Police Busts Fraud Investment Scheme on Instagram

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  • Oct 26,2024
  • 2 min read
  • 9

The suspect used to chat with harmless human beings and he used to share UPI IDs or QR codes to take delivery of charge in the title of “investments”. Such schemes had been extensively publicized by means of so-called influencers on Instagram who promised huge returns via investments in cryptocurrency, online gaming, and different new modes of profits which the time-honored public in India has little clue about.

The speculate used to speak with guiltless people and he used to share UPI ID or QR code to well-known installments for the sake of “venture”. The Special Cell unit of Delhi Police has arrested a suspect named Devendra Choudhary for developing an Instagram web page known as “profit_mania” which was once used to run a fraud funding racket.
This helpline range is the phase of the Citizen Financial Cyber Fraud Reporting and Management System that has been developed in-house to combine Law Enforcement Agencies and Banks and Financial Intermediaries.

Copy of FIR

DCP Cyber Crime likewise referenced that if any purchaser is hoodwinked by using such plans he can record the episode to 155260. With rising occurrences of e-KYC hints and different associated fakes the place residents are dropping money via UPI, the Cyber Crime Department of Delhi Police stated that men and women can record such fakes by using calling 155260. Delhi Police is guaranteeing the survivors of “speedy alleviation” then again didn’t supply similarly subtleties on how the assistance will be given.


Putting sources into units like cryptographic money, paired exchanging, crypto mining, web-based wagering, and gaming. As per the police, exceptional Instagram powerhouses are advancing such a second abundance improvement plans.

I'm a Computer Science graduate, likes to do ordinary work in an extraordinary manner. I'm quite creative, a workaholic. I regularly used analyze new research, development, innovation by tech giants. I'm interested in Machine learning, Data Science along with research work applications on them & solving puzzles, quizzes.


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