Cheating of Rs 45 lakh in the name of stock trading in Delhi, Crime Branch exposed the gang involved in cheating in the name of investment; 4 accused arrested

By Samira Vishwas On Feb 16, 2026

Crime Branch (Inter State Cell) of Delhi Police has exposed an organized inter-state gang that cheats people in the name of fake investment and stock trading. The police have arrested four main accused of the gang, while a woman has been bound down. Police said that this gang is also accused of defrauding one victim of about Rs 45 lakh.

Police said that this gang used to target people through WhatsApp and X. The gang members, posing as investment experts, used to share fake ‘profit screenshots’ in WhatsApp groups. After winning the trust, the accused got the victim to install a fake trading app, in which they induced him to invest more by showing fake profits. When the victim tried to withdraw the money, the gang closed all his social media accounts and apps. The victim would have thought that there was a technical fault in the app, whereas the complete fraud had taken place.

‘Four accused arrested’

After receiving the complaint in this regard, the police investigated and arrested four accused. The accused have been identified as Rishu Garg, resident of Punjab, Amit Giri, resident of Delhi, Deepak Joon, resident of Delhi and Sunil Kumar, resident of Rajasthan. Police said that Rishu’s relative Renu Garg has been bound down, in whose account Rs 4 lakh of fraud has been found.

‘Fraud amount sent to 8 different accounts’

The crime branch reached the gang on the basis of technical surveillance, investigation of bank accounts and digital footprints. Rishu’s relative Renu Garg has been bound down, in whose account Rs 4 lakh of fraud has been found. Investigation revealed that the defrauded amount was sent to 8 different bank accounts through 15 transactions. The gang was in contact with a telegram handler named ‘Max’, who is probably the mastermind or a high-level handler.

Police said that investigation revealed that the gang used ‘mule accounts’ taken on rent in exchange for commission and fake SIM cards. Information about 4 mobile phones, 6 SIM cards and several suspicious bank accounts has been recovered from the accused.

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