Kapurthala Police Register Two Major Fraud Cases Including Rs 65 Lakh Cyber Investment Scam

By Ashok Kaura
PHAGWARA: Kapurthala police have registered two separate fraud cases, including a major online cyber investment scam involving alleged cheating of more than Rs65 lakh, while investigations are underway to trace the accused and recover the defrauded amount.Senior Superintendent of the Police Gaurav Toora IPS stated that in the first case, a cyber fraud FIR was registered on the complaint of Santokh Singh, resident of Kapurthala. The case has been registered under Section 318(4) of the Bharatiya Nyaya Sanhita (BNS) and Section 66(D) of the Information Technology Act, 2000 against unidentified persons.
According to the police, the complainant alleged that unknown cyber fraudsters trapped him through an online investment scheme and induced him to invest money on the pretext of earning high returns. During the course of the alleged fraud, the complainant reportedly lost Rs 65,05,619 through online transactions. Following an inquiry conducted on the basis of the complaint, police formally registered the case and initiated further investigation to identify the persons involved in the cyber fraud network.
SSP said the case highlights the growing threat of online investment scams in which fraudsters use digital platforms and fake financial schemes to target unsuspecting individuals. Officials have appealed to the public to exercise caution while dealing with unknown online investment offers and to verify the authenticity of financial platforms before making any monetary transactions.
SSP Toora told that in another case, Sultanpur Lodhi police registered a criminal case under Sections 420 and 406 of the Indian Penal Code against two Ludhiana residents on allegations of cheating and criminal breach of trust involving Rs18.61 lakh.
The accused have been identified as Harpreet Singh, and his wife Ramandeep Kaur, residents of Janata Nagar, Ludhiana.
The case was registered on the complaint of Jyoti, wife of Harvinder Singh, residing in Sultanpur Lodhi. In her complaint submitted to the police, the complainant alleged that both accused, acting in collusion as agents, duped her of Rs 18.61 lakh through fraudulent means.
SSP stated that the matter was thoroughly examined during an inquiry conducted by the DSP Sub Division Phagwara. After obtaining legal opinion through proper procedure, the police proceeded with the registration of the FIR.
Senior police officials confirmed that investigations in both cases are in progress and efforts are being made to trace the accused, verify financial transactions and collect digital and documentary evidence connected with the alleged frauds.