Private Bank Employee Among 3 Arrested in Rs 40 Lakh Dubai-Linked Forex Scam

Delhi Police’s Cyber Crime unit has arrested three individuals, including a private bank employee, for allegedly participating in a multi-crore forex investment scam linked to a Dubai-based syndicate. The accused — identified as Anurag Kumar, Zeeshan Syed, and Himanshu Gupta — were found to be part of an elaborate network that used shell companies and mule accounts to launder funds collected from unsuspecting victims, officials said on Monday.

According to senior investigators, the gang lured victims through social media groups by showcasing manipulated dashboards that displayed fictitious foreign exchange profits. The fake returns convinced victims to invest repeatedly, only for their money to be diverted through a maze of shell firms such as Rebootz Sync Professionals Pvt Ltd and ThinkSync Professionals Pvt Ltd. The syndicate allegedly cheated one victim of nearly Rs 40 lakh, though police suspect several others were targeted.

The investigation revealed that all banking credentials associated with the fraudulent companies — including ATM cards, cheque books, linked SIM cards, and net-banking details — were handed over to Dubai-based operatives managing the scam remotely. One key handler, identified as Abdul alias Vickey, is currently under the scanner for orchestrating the operation from abroad.

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Officials said the three accused played distinct roles within the racket. Anurag Kumar allegedly opened multiple mule accounts and sold access for Rs 2 lakh per account. Zeeshan Syed, a sales manager at a private bank, reportedly used his position to grant unauthorized access to corporate accounts in exchange for Rs 70,000. Himanshu Gupta acted as the key coordinator, connecting ground operatives with the Dubai-based masterminds and ensuring smooth fund transfers through multiple layers of accounts.

The arrests were made in separate raids conducted in Delhi and Faridabad. Police are now tracking the international money trail to determine the extent of the syndicate’s operations and identify additional members. “The evidence points to a sophisticated cross-border network using technology and social engineering to dupe investors. Our focus is now on tracing the global fund flow and recovering the proceeds of crime,” a senior officer said.

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