PANAJI
A 33-year-old man from Karnataka has been arrested by the Cyber Crime Cell of Goa Police for allegedly receiving part of the proceeds from a Rs 33.75 lakh online trading scam that cheated a Margao resident.
SP Crime Rahul Gupta said the complainant was contacted through a WhatsApp number with a UK country code by people claiming to represent a platform called “Social Venture Capitalist AI Trading”. The victim was allegedly persuaded to invest after being promised high returns and assistance with trading activities.
Police said she transferred Rs 33.75 lakh through multiple transactions to different bank accounts.
Following a technical investigation, Cyber Crime Police traced one of the suspects to Bengaluru and arrested Mohammad Rafeez, a native of Dakshina Kannada district.
Investigators found that Rs 8 lakh from the fraud amount had been credited to his bank account.
He allegedly withdrew part of the money and transferred some funds to associates. Police said the account was also linked to two other cyber fraud cases in Goa and Tamil Nadu.
