Kolkata: The detective department of Kolkata Police has arrested five persons and busted a racket that was using SIM cards from
Dubai and bank accounts in China to dupe people on the pretext of investing in one of the world’s top investment firms. Four others were arrested earlier.
The scamsters used WhatsApp to lure victims to invest in fraudulent stocks, provided them training for several days in stock exchange and some early hefty returns to win their trust and later trap them, cops said, adding the total fraud is expected to cross Rs 2.5 crore.
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