Bengaluru: The Bengaluru Cybercrime Police have successfully dismantled an online jobs and investment fraud racket, leading to the arrest of 11 individuals involved in luring people into investing money with promises of high-interest rates. These suspects are reportedly wanted in 2,143 cases nationwide, amounting to a total duping of Rs. 158.94 crore. In Karnataka alone, the gang has defrauded at least 265 individuals, with 135 victims hailing from Bengaluru.
The modus operandi of the accused involved targeting home-makers and others with the offer of work-from-home opportunities. Initially, they enticed victims with high-interest rates for small investments. Once the victims were ensnared and began investing more substantial amounts, the fraudsters would withdraw the funds from banks and vanish without a trace.
