Three persons were arrested by the cyber crime wing of the Hyderabad police for defrauding a city-based person of over ₹44 lakh by posing as trading advisors from a fictitious firm named ‘Aveshta Study Group-W’.
The accused were identified as Milind Manohar Narkar, 34, a private employee from Santacruz, Mumbai; Ranak Jagadish Patel, 31, a businessman from Bhiwandi, Thane; and Salik Imtiyaz Ahmed Siddiqui, 25, a private employee from Mumbra, Thane. All three were working in tandem with a cyber fraudster operating out of Dubai.
