Tambaram Central Crime Branch arrests two persons in separate cheating and misappropriation cases
The Tambaram Central Crime Branch has arrested two individuals in separate cases involving financial fraud and misappropriation totaling over ₹4.63 crore. One case involves a multi-person investment scam, while the other involves the diversion of business payments via QR code manipulation.
Why it matters
These arrests highlight the increasing prevalence of digital payment fraud and investment scams targeting individuals in regional business hubs.
The Tambaram Central Crime Branch (CCB) has arrested two persons accused in separate cheating and misappropriation cases involving a total amount of over ₹4.63 crore.
In the first case, based on a complaint lodged by Theneeswari, a case was registered at the CCB on June 10. The complainant alleged she was induced to invest ₹95,000 in Globes Group Digital Private Limited on false promises of employment, partnership, and substantial profits. She was further induced to make additional investments and enroll other persons by assuring profits and repayment through a digital wallet facility.
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