Delhi Police busts online cheating ring, apprehends six

The Intelligence Fusion and Strategic Operations Unit (IFSO), a special cell of the Delhi Police on Monday busted a nationwide online cheating gang and arrested six persons involved in duping over 1,977 people across India.

The gang, using a fraudulent loan application called “Cash Advance,” masterminded a scam worth Rs 350 crore. Deputy Commissioner of Police (DCP) Prashant Gautam said that six people have been arrested so far on allegations of cheating and seven bank accounts comprising transactions for Rs 350 crore were recovered.

“Delhi Police’s IFSO unit has busted a fraudulent loan app named “Cash Advance” which gave fake loans and recovered money at higher rates. The gang cheated a total of 1,977 people pan India. There were two 2 such cases from Delhi. 7 accounts compromising 350 crore transactions were recovered. Six people were arrested in the act and seven mobile phones were seized,” the DCP said. One laptop and 15 debit cards were also recovered from the accused.

“Jai Goyal, a resident of Model Town, New Delhi alleged that some persons were extorting and blackmailing the public at large on the pretext of providing instant loans by getting access to their mobile data illegally through a loan app called Cash Advance,” Delhi Police said in a statement.

Further, on searching the NCRP portal, a total of 102 complaints from the Delhi region and 1,977 from all over India were found lodged against the same app. A case was then lodged under sections 384/385/420/120B of the IPC at Police Station Special Cell, Delhi after a preliminary enquiry and investigation were taken up.

One of the accused, Nitin, had worked in a Chinese loan app company as a team leader before and was well versed in the working of loan apps and the recovery process. The other accused have been identified as Mustajab Gulam Mohammed Naviwala, Anisbhai Ashrafbhai Vinchhi, Gokul Biswas, Ashok, and Balwant.