Hyderabad: Hyderabad Cybercrime arrested a relationship sales manager from Uttar Pradesh in a trading fraud case and recovered two mobile phones from him.

Arrested person identified as Deepak Kumar (31), working as relationship sales manager in Omega-I branch, ICICI Bank, Greater Noida.  

A Complaint was received from a victim, resident of Secunderabad, stating that the Cyber fraudsters contacted him through telegram and persuaded him to invest by offering free trading tips to buy and sell stocks. After a few days, they were redirected to trading applications provided by the fraudsters for further guidance in trading commodities and earning huge profits. The Complainant believed them and transferred an amount of Rs 1,22,87,120.  

Later on, the overall amount deposited with the profits displaying in the wallet was enormous, he made demands of further withdrawals which they denied due to various reasons and indeed asked him to deposit further with a warning that, on refusal all communication will cease, and the user id will be blocked.

The accused supplied accounts to Cyber fraudsters through telegram platforms on commission basis. As per the NCRP data it is found that the accused supplied account is involved in 23 cases all over India and an amount of Rs 6 crores transactions were carried out through his account.