A series of unrelated but equally damaging cyber fraud incidents has left 3 residents of Haryana’s Faridabad counting heavy losses, underlining the rising risk faced by both businesses and individuals in digital and commercial dealings.
Cyber fraudsters siphoned off a total of ₹1,59,40,131 from 3 people in separate cases, police said on Wednesday. The largest loss was reported by an industrialist who was allegedly cheated of more than ₹1.58 crore in a fake credit-based supply transaction.
According to complaints filed at the cyber police station, Sector-8 resident Rajesh Aggarwal, who operates a factory in the Northern Complex on Mathura Road, said a trader identifying himself as Sanjay Kohli approached him claiming to be a legitimate businessman. Kohli reportedly ran a shop named “City Centre” at Panchkula Hills Mall in Sector-5 and gradually built business trust.
Aggarwal told police that Kohli procured large quantities of pig iron on credit, assuring regular payments while continuing to lift material. The total outstanding amount for the supplied goods reached ₹1,58,34,391. After receiving the consignments, the accused allegedly stopped payments, shut down his shop, and went missing.
Police sources said early findings suggest the accused may have used forged credentials and fake business references to gain the complainant’s confidence before executing the fraud.
Investment scam targets another resident
In a separate case, Mayank Verma from Brahman Wada alleged he was trapped in an online investment scheme that promised high returns. Fraudsters persuaded him to transfer ₹90,749, claiming the funds would generate quick profits through digital trading platforms. Communication stopped soon after the transfer, and no returns were received. Investigators suspect the use of fake trading dashboards and manipulated visuals.
Online marketplace fraud reported
In another incident, Keshav, a resident of Subhash Colony, reported losing ₹35,000 in an online marketplace scam. The accused contacted him on OLX while posing as a genuine buyer and allegedly misled him into transferring money during the transaction process. Police said such cases often involve QR code tricks or fake payment confirmation messages.
The cyber police station in Faridabad has registered FIRs in all 3 cases under relevant cybercrime and cheating laws. Investigators are tracking bank accounts, IP addresses, and digital trails to determine if the accused are linked to larger organised networks.
Authorities have advised citizens to verify business credentials, remain cautious with online investments, and exercise care while using digital marketplaces.
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