Cyberabad Crime police has arrested four directors of various investment firms (Advisers) operating from Madhya Pradesh's Indore adviser firm for cheating new share trading investors to the tune of Rs. 3.63 crores.

Notably, police have seized the cheating amount from the firms. Cyberabad Police Commissioner V C Sajjanar said, 'In the last few months, we have received complaints on four private firms from four complainants stating that the firms have first provided some tips about online trading and collected amounts from them and later they stopped responding and cheated willingly.'