₹634 Crore Trail Emerges From Alleged Ponzi App
4 Articles
4 Articles
Cybercrime in Amreli, Gujarat, has busted an investment scam worth crores of rupees running through a mobile application. Six people have been arrested in the case. The investigation team revealed that the accused targeted 15 lakh to 25 lakh people across the country using platforms named 'SD Pay' and 'Apna Pay'. People were lured through these platforms by offering daily cashback and 30% referral bonus. Financial investigations conducted by the…
Gujarat: Amreli Cyber Crime Police has busted a gang that defrauded over 150,000 investors across Gujarat and the country of crores of rupees by luring them with extraordinary financial gains in a short time through social and digital mediums. Around Rs 634 crore was defrauded through SD Pay and Apna Pay mobile applications […] The post Gujarat: The lure of doubling money in 100 days proved costly! Fraud worth billions through the 'SD Pay' app, …
A cyber scam of ₹634 crores perpetrated through SD Pay and Apna Pay mobile applications has been exposed in Amreli. Lakhs of people were cheated by promising to double their money. SIT has arrested 6 accused and further investigation is underway, in which the number of victims is likely to increase.
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