Fraudster Arrested for Luring Victims with Promises of Coin Returns

Fraudster Arrested for Luring Victims with Promises of Coin Returns.webp

Gurugram, April 10 Nuh police have arrested a cyber fraudster who cheated people by promising large sums of money in exchange for old coins, police said. They added that his network spans several states.

According to the police, the accused has been identified as Mohammad Saad, a resident of Tigra village, under the Ferozpur Sadar police station in Nuh district.

The spokesperson for Nuh police said that the investigation revealed that the accused posted advertisements on Facebook offering to buy old coins, luring people with the promise of large sums of money in exchange.

When people fell for his deception, he would extort money from them under various pretexts and then flee. After inspecting his mobile phone, the police found several suspicious transactions, and he had defrauded many people in this manner.

Two complaints have been filed against the accused on a cybersecurity portal, he added.

"The investigation also revealed that the accused defrauded a man from Tamil Nadu of around Rs 108,000 and a man from Punjab of Rs 31,000. More revelations are likely in this case, and information about other victims is being gathered," said the spokesperson.

Police said a mobile phone, including a SIM, has been recovered from his possession.

An FIR was registered against him at the cyber police station, Nuh.
 
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cryptocurrency cyber fraud cybersecurity facebook advertisements financial fraud fir registration fraud investigation mohammad saad nuh district old coins online scams police arrest punjab sim card recovery tamil nadu
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