Police Nabs Interstate Gang Behind Social Media Investment Scams: Tips to Protect Yourself

Police nabs interstate gang behind social media investment scams: Tips to protect yourself

On Tuesday, an official reported that the Delhi Police had busted an interstate gang of cyber fraudsters. The gang was allegedly involved in duping individuals by promising guaranteed returns on investments through social media advertisements. Police stated that seven people had been arrested in connection with the case. According to the police, the accused targeted victims via social media, enticing them to invest money with the promise of 100 …

Dubai Police bust gang promoting fake investments through social media

The suspencts convinced their victims that they could make high and quick profits, prompting them to transfer funds, which were subsequently funnelled into bank accounts outside the UAE.

Dubai Police Nab Cybercrime Gang Posing as Investment Brokers

Dubai Police have apprehended a cybercrime gang that specialised in online fraud by promoting fake trading and investment schemes through social media platforms. The arrests were made by the Anti-Fraud Centre at the General Department of Criminal Investigation following intensive monitoring and investigation.  The operation, which the force revealed its details as part of the national awareness campaign #BeAwareofFraud, was launched after receiv…

Dubai Police Arrest 4 People Involved in "High and Quick Profits" Online Trading Scam

Dubai Police have arrested four individuals who were part of a syndicate that allegedly defrauded hundreds of people through fraudulent online trading schemes.Dubai’s Crackdown on Trading Frauds According to an announcement by Dubai Police, the four suspects claimed to represent reputable trading and investment brands, targeting victims via phone calls and social media advertisements.The syndicate operated several fraudulent trading brands, incl…