The Delhi University student disclosed that he had received Rs 30,000 for selling his bank account to a resident of Kerala, who was a fraudster, through one of his room partners.
By Tanseem Haider: A 19-year-old Delhi University (DU) student was arrested for allegedly selling his bank account to fraudsters who cheated people by offering them lucrative returns on their investments.
The accused has been identified as Adil KK, a resident of Jangpura and a native of Kerala.
According to police, a case was registered where the complainant alleged that she was cheated online on the pretext of high returns on the investment. The woman had invested Rs 10.35 lakh through a website.
After some time, she came to know that she had been cheated as she was unable to withdraw the invested amount.
During the investigation, it was found that Rs 7.35 lakh out of the cheated amount was transferred to another account that was opened in the name of Adil. After technical surveillance, Adil’s location was traced, a raid was conducted and he was arrested, police said.
During the investigation, it was also found that more than Rs 62 lakh was deposited in the beneficiary bank account in just two days, police said.
Adil disclosed that he had received Rs 30,000 for selling his bank account to a resident of Kerala through one of his room partners, who is also a resident of Kerala.
It was further revealed that victims are lured by offering lucrative returns on their invested amount through the application. They were directed through Telegram or WhatsApp to create an account on a fake website operated by people from abroad, a police official said.
They initially give high returns on a small investment of Rs 100 to Rs 1,000. The victims are also able to remit the return to their bank accounts. This was done to gain the confidence of the victims and to make them invest huge amounts, police said.