New Delhi: Rajasthan Police has unearthed a massive online investment fraud with the arrest of five members of a racket which allegedly cheated more than three lakh people across the country of over Rs 3,500 crore, officials said on Thursday.
The arrests were made in Bharatpur following an investigation triggered by a complaint filed earlier this month, an official statement said.
The FIR was registered on November 12 at Mathura Gate police station, where a complainant alleged that a website ‘gqcw.cn’ and a linked mobile application lured people with high returns from cryptocurrency and foreign exchange trading.
Police later found that the platform was not registered with SEBI, RBI, the Ministry of Corporate Affairs or any other regulator.
During the probe, investigators discovered t

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