Gurugram, March 24 Two individuals have been arrested for allegedly providing bank accounts to cyber fraudsters involved in an investment scam, officials said on Tuesday.
A complaint was lodged on September 8 last year at the Cyber South police station regarding a fraud of approximately Rs 1.09 crore, allegedly perpetrated by offering high returns on investment, police said.
An FIR was registered under relevant provisions of the Bharatiya Nyaya Sanhita.
During the investigation, the accused – Amarjeet (36) of Karnal and Amit Kumar (34) of Sonipat – were arrested on Monday, they said.
Police said the two formed a company and opened a bank account, which they provided to the cyber fraudsters.
The account received approximately Rs 29 lakh from the proceeds of the fraud, they said.
The accused later sold the account to other individuals for Rs 1 lakh, police said.
Further investigation is underway, they added.