Two Arrested in Pimpri-Chinchwad for ₹1.13 Crore Fraud Using ‘Mule’ Accounts: Police

Engaging Main Headline: Two Arrested in Pimpri-Chinchwad for ₹1.13 Crore Fraud Using ‘Mule’ Accounts; More Suspects Under Investigation

1. Mitesh and Kapin were recently arrested by the Cyber Police for their involvement in a ₹1.12 crore fraud scheme.
2. The duo used mule accounts in Gujarat to receive fraudulent funds, leading to the complaint filed at the Pimpri-Chinchwad Cyber Police Station.
3. The victim was lured into investing in forex trading with promises of high returns, only to be scammed out of ₹1.12 crore.
4. The Cyber Police launched an investigation and apprehended Mitesh in Ahmedabad, Gujarat, while Kapin was arrested in Mira-Bhayandar.
5. Authorities suspect that more individuals may be connected to this fraud case and are continuing their investigation.
6. Mule accounts are bank accounts used by cybercriminals to receive and transfer illicit funds, often opened in the names of unsuspecting individuals who are paid a small sum in exchange for their personal information.

   Stay informed and vigilant to protect yourself from falling victim to similar scams.

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