Cuttack: The Commissionerate Police of Bhubaneswar-Cuttack on Sunday arrested the key accused in a cyber fraud case involving fake stock market investments. The accused has been identified as Amulya Kumar Sahoo (40), son of Baishnab Sahoo, a resident of Sainta village in the Gopalpur area under Chandbali Police Station in Bhadrak district. He was apprehended in Bhadrak with the assistance of Chandbali Police. According to an official press release, the arrest follows a complaint lodged on January 5, 2025, wherein the victim reported being defrauded by an online group posing as stock brokers under the name Allianz Global Investors. The complainant joined a WhatsApp group on November 14, 2024 and was persuaded to create a “VIP trading account” via a mobile app called ‘Trade Genius’. The victim was in contact with the fraudsters through the mobile numbers 7367905636, 8541810254, and 6232499755, and subsequently transferred a total of Rs 7,68,005 through six transactions during November and December 2024.
Prime Accused In Rs 7.68 Lakh Cyber Fraud Held In Bhadrak
