Delhi Police have arrested three individuals who allegedly defrauded nearly 300 people across India of Rs 150 crore, drawing inspiration from the popular Netflix series, Money Heist. The gang members, identified as Arpit, Prabhat, and Abbas, adopted names from the show to conceal their identities. Arpit, a lawyer, called himself "Professor," while Prabhat, a Master's graduate in Computer Science, went by "Amanda," and Abbas chose the name "Freddy."

The gang operated by creating multiple secret groups on social media and WhatsApp, where they promised high returns on stock market investments. Initially, they gained the trust of their victims by providing small profits. However, when individuals attempted to invest larger sums, their accounts were blocked. Victims who tried to withdraw their money were often threatened and coerced into depositing more funds.

The police investigation revealed that the gang primarily operated from luxury hotels, using mobile phones and laptops to execute their scheme. Raids conducted in Noida, Uttar Pradesh, and Siliguri, West Bengal, led to the recovery of 11 mobile phones, 17 SIM cards, 12 bank passbooks and chequebooks, 32 debit cards, and evidence of numerous online transactions and WhatsApp chats.

Further analysis of their activities uncovered connections to Noida and Guwahati, and the police suspect involvement from a network of Chinese fraudsters operating from China. Additionally, the same gang is believed to have defrauded victims of another Rs 23 crore through various online methods. The investigation is ongoing as authorities seek to uncover more details about the gang's operations and any foreign connections involved in the fraud.