Bhubaneswar, February 8 Cyber police on Sunday arrested a man from West Bengal for his alleged involvement in an online cheating case worth approximately Rs 50 lakh, a police officer said.
The arrested individual, identified as Arabinda Paul (46), a resident of the Hooghly district, was apprehended, police said.
According to police, the complainant came across an online investment platform promising high returns. The accused and his associates allegedly instructed the victim to transfer money to the bank accounts of various unnamed companies for investment, which were non-existent.
The complainant deposited a total of Rs 50.16 lakh in different accounts and did not receive any returns, after which he filed a complaint at the cyber police station in Bhubaneswar.
"The money was transferred to six different bank accounts in various states, including West Bengal, Gujarat, and Maharashtra. More than Rs 1 lakh was sent to the bank account of the arrested individual," ACP Suchismita Das, in-charge of the cyber police station, said.
A total of 17 cases are pending against the arrested fraudster in different police stations, she added.
