Sector-20 Police in Noida have successfully solved a theft case involving a fake forex trading investment scam, arresting a young accused and recovering a large sum of stolen money. The police recovered Rs 4.60 lakh in cash and a mobile phone from the accused, while an additional Rs 2 lakh was frozen in his bank account.
Accused identified
The arrested accused has been identified as Shikhar Khurana (21), son of Ajay Khurana. He is a resident of Vasundhara Park Van, Bhura Rani Road, Rudrapur, Uttarakhand, and was currently staying at V-1, Eldigo, Sector-151, Noida.
Police said he was arrested from a footpath near a multi-level car parking area.
How the crime was committed
According to police officials, the incident took place on January 5, when the accused contacted the complainant over the phone and lured him into investing in forex coin trading. To gain the victim’s trust, the accused allegedly showed fake screenshots of profits, making the investment scheme appear genuine.
During the meeting at DLF Mall, the accused reportedly took advantage of the situation and stole a bag containing cash from the victim’s car before fleeing the spot.
Swift police action
Following the complaint, a case was registered at Sector-20 Police Station, and a dedicated police team was formed to investigate the matter. Using technical surveillance and local inputs, the police traced the accused and arrested him within days of the incident.
During interrogation, the accused allegedly confessed to committing the crime using deceptive investment tactics.
Recovery and financial action
Police recovered Rs4.60 lakh in cash from the accused’s possession along with a mobile phone used in the crime. Additionally, Rs 2 lakh deposited in his bank account was immediately frozen to prevent further misuse of the stolen funds.
Police warn against investment scams
Police officials have once again urged citizens to remain cautious against fraudulent investment schemes, especially those promising quick or guaranteed returns. They advised people to verify investment platforms and avoid trusting screenshots, online claims, or unsolicited calls.
Investigation ongoing
Police said further investigation is underway to determine whether the accused was involved in similar frauds or had accomplices. Necessary legal proceedings are being carried out as per law.
