Cybercrooks dupe traders of Rs 2 crore, 3 held in Delhi

Police in New Delhi have arrested three individuals involved in a cybercrime syndicate that scammed wholesalers out of Rs 2 crore ($275,000). The criminals posed as managers of e-commerce companies and used forged identity documents to create phantom companies and open bank accounts. The arrests followed a complaint from a wholesaler who lost Rs 3 lakh ($4,100) to the fraud. During the investigation, 51 chequebooks, 27 fake ID documents, 28 debit/credit cards, point-of-sale machines, and QR codes were seized from the suspects.