The Cyber Crime Police Station Goa has arrested a 25-year-old man in connection with an alleged cyber fraud case involving ₹2.09 crore cheated from a resident of Margao through a fake online trading platform.
According to police, the accused and his associates allegedly contacted the complainant through multiple WhatsApp numbers while posing as representatives of the Angel One trading platform.
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The victim was reportedly introduced to a fraudulent investment application named “Trendlytic” and was lured with promises of high returns through share market investments. Believing the claims, the complainant allegedly transferred large sums of money through multiple transactions.
Following a detailed technical investigation, a team from the Goa Cyber Crime Police traced and arrested the accused, identified as Mayur Waghe, from Thane in Maharashtra.
Investigators revealed that nearly ₹26 lakh had been transferred into the accused’s bank account before the funds were allegedly routed to several other accounts.
Police said further investigation is underway to identify and trace other persons involved in the cyber fraud network.
