Rajasthan cyber fraud: Jodhpur businessman duped of ₹16.26 crore; two arrested

A Jodhpur-based businessman was duped of ₹16.26 crore after cyber fraudsters tempted him with higher returns through trading, the police said. Two people have been arrested and over 50 bank accounts that were used to commit the fraud have been seized.

Deputy commissioner of police (DCP) Amrita Duhan said complainant Arvind Kalani is a handicraft exporter residing in Jodhpur. The amount he was duped of belonged not only to him, but also his family and friends.

During the probe, the police found that the racket operated at various levels, such as taking bank accounts on a monthly rental and giving commissions to connect with people.