STF Investigation Reveals ₹1.88 Crore Fraud in Trading Scam Linked to Rennet Company

Bhopal,M.P

In a major breakthrough, the STF uncovered that ₹1.88 crore from the Digital Arrest trading fraud was deposited into the account of fraudsters operating under the name of Rennet Company. The investigation exposes a significant financial scam targeting investors.

A big revelation has been made in the STF investigation in the case of cheating people from all over the country in the name of trading in Madhya Pradesh. Digital arrest of Rs 1 crore 88 lakh has been revealed from the account of the accused. This account is deposited in the name of the fraudsters' Rennet company.

Actually, a case of digital arrest was registered in Mumbai Cyber Crime. The amount was transferred from a Mumbai resident to the account of the accused. STF is investigating all the bank accounts. The mastermind of this gang Deepak Sharma, Madan Kumar is hiding in Dubai. The accused had also established their empire in Dubai. The accused have cheated people by luring them to give more money through social media. The accused do not have an office anywhere in the country. The number of accused in the case may increase.

The team of Special Task Force (STF) is engaged in investigating the case. So far a total of 17 names have come to the fore, out of which two have been arrested.