The case was registered after complainant Raju Madan Mohan Chhibber received a call from an unknown number on September 20, urging him to invest in a scheme that would “double his money.” Trusting the offer, he transferred the amount over several days before realising he had been cheated
Three of the four accused were arrested on November 22 and remanded in police custody. PIC VIA SAMIULLAH KHAN
The Oshiwara Police have arrested four men for allegedly running an online investment scam that duped a Mumbai resident of Rs 5.72 lakh by promising double returns through stock-market trading.
The case was registered after complainant Raju Madan Mohan Chhibber received a call from an unknown number on September 20, urging him to invest in a scheme that would “double his money”. Trusting the offer, he transferred the amount over several days before realising he had been cheated.
During the probe, investigators traced part of the defrauded money to a Bank of Baroda account registered under Sameer Enterprises, operated by Mohammad Akhil Shaikh of Dharavi.
Technical surveillance of phone numbers linked to the account led police to Akhil, who was detained from Dharavi’s 90 Feet Road. His questioning revealed the involvement of two accomplices, Vijaykumar Sarbatjeetprasad Patel and Rajendra Balwant Vidhate, both of whom were picked up from Thane Railway Station.
All three were arrested on November 22 and remanded in police custody by the Bandra Holiday Court. Further interrogation revealed that the gang operated by creating fraudulent bank accounts under fake company names.
The account kits, including passwords, debit cards and chequebooks, were then handed over to a fourth member, Akshay Ashok Kanse, who was arrested from Ghatkopar’s Barve Nagar on Tuesday. He, too, was remanded in police custody by the Railway Mobile Court in Andheri.
Police said the group targeted victims by promising high returns through stock-market investments and siphoned funds through these fake accounts.
The arrested accused have been identified as Mohammad Akhil Shaikh (32) of Dharavi, Vijaykumar Sarbatjeetprasad Patel (32) of Siwan, Bihar, Rajendra Balwant Vidhate (50) of Nashik Road, Akshay Ashok Kanse (33) of Ghatkopar West.
The investigation was led by Sub-inspector Prabhat Mankar with support from the cyber team, under the supervision of senior officers of the Oshiwara Division.
Subscribe today by clicking the link and stay updated with the latest news!" Click here!
