Former Delhi advocate held for running ₹100-cr Ponzi scheme, cheating 200 people
VerifiedAuthentic
Summary
Delhi Police arrested Sanjay, a 36-year-old former advocate, for defrauding nearly 200 people of ₹100 crore through a Ponzi scheme. Operating under the 'Tradecop' banner, he promised investors 8% mont...
Key Details
Published
18 September 2025 at 01:00 am
Source
Hindustan Times
Channel
fake website
Victim Profile
investor
State
Delhi
City
Delhi
Amount Loss Range
> ₹10000000
Fraud Keywords
ponzi schemeinvestment fraudalgorithmic trading scamfixed returns schemetradecopfake trading algorithmfinancial market fraudpyramid schemesebi violation
Tags
Digital Footprint
Tradecop (fraudulent company name)Trade Cops Pvt. Ltd. (shell company)Tradecop Financial Services (shell company)Tradecop Portfolio LLP (shell company)Sanjay (arrested accused from Geeta Colony)Deepak Thakur (mastermind, advocate)Land property in Mathura, UP worth ₹10 croreFIR registered in February 20248% fixed monthly returns schemeCases in Delhi, Kurukshetra, Yamunanagar, Dehradun