Sheikhpura police have successfully busted a major cyber fraud gang involved in duping individuals through fake loan advertisements. One accused has been arrested in connection with the case, and four mobile phones have been seized from his possession. Superintendent of Police (SP) Baliram Kumar Chaudhary disclosed details of the operation during a press conference on Friday. He stated that the gang used attractive but fraudulent loan advertisements on social media and other online platforms to trap unsuspecting victims.

Police had been receiving numerous complaints from people who lost their hard-earned money after falling for these fake loan offers. Taking these complaints seriously, the SP formed a special team. This team, utilizing technical surveillance and confidential information, apprehended a suspect. The identity of the arrested accused has not yet been publicly revealed, but police indicate that significant clues about other gang members and their modus operandi have been uncovered during interrogation.

The four mobile phones seized from the arrested individual are currently being examined, as they are likely to contain crucial data and contact numbers related to the fraudulent activities. SP Chaudhary explained that the gang would extort money under the guise of processing fees, insurance charges, or other pretexts for loans, only to sever contact once the money was received. In many instances, they would also prepare forged documents to obtain personal information from their victims.

Police have urged the public not to trust any unknown or suspicious online loan advertisements. For any type of loan, individuals should always contact reliable financial institutions and banks. It is crucial not to share personal and financial information with any unknown person or website. SP Chaudhary assured that the remaining members of the gang would also be arrested soon, and the police would continue to be vigilant in curbing cybercrime.