Investment Scam

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A 78-year-old textile businessman in Delhi lost Rs 18.80 crore through a fake investment app promoted via a WhatsApp group. This marks the second-largest cyber fraud case in Delhi, beginning in July 2024 and uncovered in October. The victim reported it to police in November 2024, leading investigators to a Chinese syndicate based in Cambodia.

Reported by AI

Swedish investors have lost tens of thousands of kronor on the Accgn investment site, which suddenly shut down. SVT's investigation traces the site's operators far from Sweden – to China and a mysterious 'Li Wang'. Police fraud unit has received at least 12 reports against the site.

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