3 Held in UP, Haryana, Rs.2 Cr Scam Exposed
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Summary
Hyderabad Cybercrime Police arrested three fraudsters in two separate cases. Two men from Ghaziabad were arrested for an insurance scam, duping a 58-year-old Hyderabad resident of ₹4.3 lakh by posing ...
Key Details
Published
21 August 2025 at 08:00 pm
Source
Deccan Chronicle
Channel
phone call
Victim Profile
senior citizen
State
Telangana
City
Hyderabad
Amount Loss Range
₹1000000–₹2500000
Fraud Keywords
insurance reimbursement scamfake igms officialsprocessing fee fraudonline trading scamfake trading appfacebook advertisementwhatsapp pressure tacticsshell companiesfake profit screenshots
Tags
Digital Footprint
IGMS Department (impersonated)Rs 63,45,918 (promised reimbursement amount)5% processing fee (Rs 3.17 lakhs demanded)Rs 4.02,329 (actual amount lost in insurance scam)Devash Rastogi (arrested suspect)Jitendra Agarwal (arrested suspect)Ghaziabad, Uttar Pradesh (suspect location)Facebook (advertisement platform)WhatsApp (communication channel)Rs 2.02 crore (amount lost in trading scam)Vineet Chadha (arrested suspect)Gurgaon, Haryana (suspect location)IDFC Bank account (used for fraudulent transfers)Rs 40 lakhs (received by accused)