Updated: Thu, 18 Dec 2025 12:25 (IST) Delhi Crime Branch has arrested five accused who cheated Rs 47 lakh through online trading at the behest of a Chinese kingpin. This gang is helping people online…read more Jagran Correspondent, New Delhi. The Crime Branch busted a gang that ran a Rs 47 lakh fraud in the name of online trading at the behest of a Chinese king and arrested five accused. During investigation, it was found that the bank vouchers recovered from him were related to a total of 1,167 complaints, which were registered across the country on the NCRP portal. This syndicate was also found involved in the digital arrest scam. The arrested accused have been identified as Manshvi Dochak, Manish Mehra, Manjeet Singh, Sombir and Atul Sharma. Remove advertisement Just Read News The police have already arrested three fraudsters from this gang. According to Aditya Gautam, Deputy Commissioner of the Crime Branch, a complaint was registered at the South East Cyber ​​Police Station on June 23 this year. The complainant, a chartered accountant, said he was lured into a stock trading scheme by a Telegram group. In this group, false promises of daily profits were made in the name of ‘buy today, sell tomorrow’ and capture IPO rating. Induced them to invest Rs 47 lakh in two months through a fake website called https://stock.durocaspitall.com. Payments were made through NEFT and UPI to various personal bank accounts. When the victim tried to withdraw the money, the fraudsters threatened him and extorted the money. During investigation, it was found that the fraudulent amount of Rs 31.45 was deposited in a current account in the name of Harshita Furnitures and Interiors. Further, Rs 23.80 lakh (out of Rs 31.45 lakh) was transferred to the bank account of Bubai Instant Shop OPC Private Limited and that firm was owned by Sahil Yadav. The mobile number registered in that bank account was found to be registered in the name of Aryan (co-accused), who has already been arrested. That bank account was used as a shell company created to channel fraudulent transactions. The accused opened seven current bank accounts in different banks including IndusInd, HDFC, Yes Bank, IDFC First, AU Small Finance, Bandhan and Equitas Bank to withdraw the fraudulent money. During investigation, 131 NCRP complaints were found related to the account of the said firm. An office has been opened in Noida. Investigation also revealed that the accused also run an office in Noida to trap investors in fraudulent stock trading schemes. They reported to their handler Jack (a resident of Uttam Nagar, Delhi and Noida) who received instructions from Tom, who was based in China. Jack was identified as Ashish Kumar alias Jack. During interrogation, the first arrested accused Ashish Kumar told that the mobile number, registered in IndusInd Bank account, was delivered by a courier service from Noida to Gurugram on August 16 at the behest of the Chinese national Tom. By analyzing the CDR of the said mobile number, it was linked to the Zomato delivery order in Sector-89, Gurugram. Subsequently, after the raid, Manjit Singh of Hisar, Haryana, Manvi Dochak of Sonipat, Haryana, Sombir of Bhiwani, Manish Mehra of Najafgarh and Atul Sharma of Kurukshetra were arrested. These fraudulent trade applications identified are Last year Tom was recruited into the gang. During interrogation, the accused told that they were recruited through Telegram by a Chinese national named Tom in December last year. Tom attracted 1 to 1.5 percent commission on each transaction in exchange for providing a current bank account. For this purpose the accused formed a company called Bubai Instant Shop OPC Private Limited and rented an office in Noida. The cyber fraud amount was transferred by opening seven current accounts in different banks in the name of the company. Investigation is on to find other beneficiaries, money transactions and absconding accused.