The central cyber police of Mumbai Crime Branch have arrested eight people in connection with an investment trading fraud. Officials said that the accused are SIM card dealers who supplied over 30,000 SIM cards under fake names and used the information to defraud people.

Police have identified the accused as Mahesh Kadam, a resident of Diva; Rohit Yadav, a resident of Bhandup; Sagar Thakur from Wadala; and Raj Arde from Kalyan. Police said that all are associated with Vodafone India’s DSE Handloom Emporium as employees.