CCC arrests 4 in fraud case

ST CORRESPONDENT
Wednesday, 7 June 2017

Officials of the Cyber Crime Cell(CCC) of the City Police Crime Branch claimed to have busted a gang involved in cheating several people on the pretext of offering higher returns on their investments.

PUNE: Officials of the Cyber Crime Cell(CCC) of the City Police Crime Branch claimed to have busted a gang involved in cheating several people on the pretext of offering higher returns on their investments.

The arrested accused were identified as Rupesh Arvind Katkar (37), Sandip Shamrao Lokhande (44), Parashuram Vishram Tambe(48), all from Mumbai and Bhavin Surendrakumar Joshi (40) of Gujarat. According to Deputy Commissioner of Police Sudhir Hiremath the accused were running two websites namely www.makeinindia.rocks and www.rocksfamily.com.

“The accused promised lucrative returns of 150 per cent on investment. Once the victim deposited money they used the money for their personal needs,” a press release by CCC stated.

During investigation the police found that Rupesh has hired Bhavin to make a software related to multi-level marketing and other two accused Sandip and Parshuram were involved in publicity of schemes by Rupesh who was administrator of the software. The arrested accused are in 12-day police custody.

The police have seized material worth Rs 36.25 lakh from the accused and found Rs 10.49 lakh in 33 bank accounts managed by the accused.

The investigation was carried out by Police Inspector Radhika Phadke, Gajanan Pawar, Police Sub Inspector Pravin Swami, Nitin Khamgal and policemen Ajit Kurhe, Deepak Bhosale, Rajkumar Jaba, Deepak Mane, Nitin Chandane, Amit Avchare and Santosh Jadhav.

Officials of CCC said the accused has cheated over 24,000 people across India. The accused are booked under Maharashtra Protection Of Interest Of Depositors Act and other acts.

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