TV
In yet another major breakthrough against interstate cybercrime, the Odisha Crime Branch has arrested a Punjab-based accused in connection with a Rs 1.55 crore online investment fraud.
The accused, identified as Pardeep Soni (25), was nabbed from Ludhiana after a digital trail linked him to a massive IPO and OTC trading scam.
The case originated from a complaint filed in Odisha, where the victim alleged that he was tricked by cyber fraudsters into investing in IPO and over-the-counter trading schemes, with promises of exceptionally high returns.
Persuaded by convincing tactics, the victim ended up transferring Rs 1.55 crore in hopes of multiplying his investment. However, when he tried to withdraw his funds, the fraudsters demanded more money and eventually cut off contact. Realizing he had been scammed, the victim filed a formal FIR.
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A special team led by Inspector Namita Kumari Sahu from the CID CB Cyber Crime PS in Odisha launched a detailed probe, analysing transaction data and digital footprints. Their investigation took them to both Mumbai and Pune before zeroing in on Ludhiana, where the accused Pardeep Soni was arrested.
Soni was produced before the Judicial Magistrate in Ludhiana and, after securing transit remand, he was brought to Odisha. He now faces charges under multiple sections of the BNS and the Information Technology Act.
