During the raid, their squad seized computers, laptops, mobile phones and different documents related to the crime. (File Photo)
The Mumbai transgression subdivision connected Thursday busted a fake telephone centre successful Malad and arrested 14 radical for allegedly posing arsenic employees of a UK-based concern firm, duping radical into investing wealth onto their platform.
According to officials, the pack utilized online trading platforms to lure victims with promises of precocious returns.
“Once the victims invested money, the operators would manipulate the level to amusement archetypal profits and aboriginal unit victims to put much for higher profit. Later, erstwhile the victims invested further, the accused would again manipulate the numbers to amusement that they person incurred nonaccomplishment successful their 2nd investment,” an serviceman said.
The constabulary said that the accused person been defrauding radical for a mates of years.
During the raid, their squad seized computers, laptops, mobile phones and different documents related to the crime.
“The accused person been arrested and charged with assorted applicable sections of cheating, forgery of the IPC and IT Act. We judge that determination are much radical progressive successful the scam,” an serviceman added.
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