The Cyber Cell of the Delhi Police Crime Branch has arrested five individuals in connection with a Rs 47.23 lakh online stock trading fraud, bringing the total number of accused in custody to eight. The newly arrested suspects—Manshvi Dochak, Manish Mehra, Manjeet Singh, Sombir, and Atul Sharma—were apprehended following raids in the Gurugram and Haryana areas. This development exposes a syndicate allegedly directed by a Chinese national known as "Tom," with operations involving fake investment schemes and money laundering.

The case originated from an e-FIR (No. 60000097/2025) filed at the Cyber Police Station in Southeast Delhi by a chartered accountant who was lured via a Telegram group promising high returns through "Buy Today–Sell Tomorrow" strategies and IPO investments. Over two months, the victim transferred Rs 47.23 lakh into fraudulent websites and 14 identified fake trading applications. When attempting withdrawals, the fraudsters allegedly intimidated and extorted the victim.

Investigations revealed the syndicate used a shell company and opened seven current accounts across banks to launder proceeds, with credentials linked to 1,167 complaints on the National Cybercrime Reporting Portal. The group operated from an office in Noida and was also involved in digital arrest scams. Three earlier arrests included key operative Ashish Kumar, alias Jack, who reportedly received instructions from the Chinese handler.

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Police conducted technical surveillance, call detail record analysis, and field operations to track the accused. Deputy Commissioner of Police Aditya Gautam stated that the probe continues to trace additional beneficiaries, unravel the full money trail, and locate absconding members, including "Tom." This bust highlights ongoing efforts to dismantle cross-border cyber fraud networks targeting Indian investors.

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