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Mumbai crime: Conmen make fake website, pose as brokerage firm

Cyber Crime Cell busted a financial scam that swindled investors, posing as reputed brokerage firm, Angel Broking, by adding an extra letter to the name to create a bogus website

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What’s in a name? Plenty, as the Cyber Crime Cell showed after it busted a financial scam that swindled investors, posing as the reputed brokerage firm, Angel Broking, by simply adding an extra letter to the name to create a bogus website.

City police have arrested one Arjit Saxena, a 26-year-old MBA graduate from Allahabad in UP, for misleading people with the website <angelbrokings.com>. The website was even designed to look similar to the original firm’s site, in order to confuse investors.

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