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News1810-02-2026, 20:00

Delhi Police busts Rs 31-lakh IPO fraud, nabs 3 men from Saharanpur

  • Delhi Police arrested Sarvjeet, 35, and bound down Pawan, 33, and Puneet, 32, all from Saharanpur, UP.
  • The accused are linked to a Rs 31-lakh online IPO fraud.
  • Sarvjeet provided a mule bank account of a society for money, which was then used by co-accused.
  • Victim, an MNC employee, was lured by fake websites posing as a reputed investment company, promised high returns.
  • The gang created fraudulent online investment portals and used poor, unemployed individuals to open mule bank accounts for routing stolen money.

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