BHUBANESWAR: Odisha Police has arrested a cybercriminal from Balasore for defrauding several individuals of Rs 16 lakh by promising high returns on investments through a software application, a senior police official informed on Monday.
The accused, identified as Partha Sarathi Das, 64, is a resident of the Chandipur area in Balasore district. He was arrested in connection with a case (62/25) registered at the Cyber Crime and Economic Offence Police Station, Cuttack, based on the complaint lodged by one Mirza Adil Beg (45) of Dargha Bazar area of Cuttack on August 28.
Beg in his complaint alleged that for the last two months, a mobile application named ‘Huge App’ had been operating in the app market. The office of Huge App was located in front of a school at Badambadi, L.I.C. Colony. The accused Partha Sarathi Das was identified as the promoter of this office.
The complainant further added that about 200 persons from his locality had registered themselves on this app by depositing a registration amount of Rs. 16, 500 each, which collectively amounted to a fraud of about Rs. 16 lakh.
The company assured the investors good returns on giving five-star reviews of the videos on the app and commission on adding more members to the app.
Initially, some persons received good amounts as returns, and upon their persuasion, others also joined the scheme.
On August 15, the members were supposed to receive their money, but they were informed that they had to deposit an additional Rs 4, 950 towards Annual Maintenance Charges.