The Cyber Crime Police Station in East Zone, Chennai Police has arrested a 40-year-old man from Villupuram who indulged in online trading scam and swindled over Rs 20 lakh from two persons in the city.
Police said one H.Sajith, 55 of Kilpauk lodged a complaint stating that he received a whatsapp message with a trading link. Using the link, he joined a group which allegedly deals in online trading and an unidentified person offered high returns on investment made in schemes. Believing the words, he transferred Rs 17.10 lakh in instalments to bank accounts mentioned by the person. He realised that he was duped only after he could not get the returns as promised.
Similarly, R.Chitra of Ayanavaram was cheated by the unidentified person on the pretext of investment in online trading. She had invested Rs 4.58 lakh and when she tried to withdraw, the suspect asked her to send more. Realising that she was conned, she lodged a complaint. Both complaints were taken for investigation by police. After analysing mail ID and IP details, police traced the money trail and arrested the suspect who has been identified as M.Kalaiarasan, 40 of Villupuram district. Police seized eight SIM cards, nine debit cards and bank passbooks.
Published – May 04, 2025 12:55 am IST