Pretend Name Centre Concentrating on US Residents Busted In Mumbai, 11 Arrested: Cops

Mumbai:

Police have busted an unlawful name centre in Mumbai by arresting 11 individuals, who used to cheat Americans by promising them enticing returns on funding, an official mentioned on Friday.

Officers of Unit -3 of the crime department had particular details about the unauthorised name centre being operated from Wadala (East) that was concerned in dishonest folks by asking them to credit score USD 500 to 1000 of their financial institution accounts to get enticing returns, the official mentioned.

The accused individuals used to method US residents by making them consider they had been calling from the UK, New Delhi and Mumbai, and would ask them to spend money on shares, currencies and commodities promising good returns, he mentioned.

Nonetheless, those that invested in these devices weren’t paid what they had been promised, the official mentioned.

Throughout investigation, police discovered the accused individuals had contacted greater than 2,000 traders and cheated them to the tune of a number of crores, he mentioned.

Police seized 15 laptops, 1 desktop, 2 routers and a LAN machine from the decision centre premises, mentioned the official.

The arrested individuals had been produced earlier than a court docket, which despatched them to police custody until January 27, he mentioned.

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