Uttarakhand STF’s cybercrime unit has exposed a major cyber fraud in which two accused lured victims with promises of high returns on investment and duped them of over ₹66 lakh. The accused, identified as Nitin Gaur (34) and Nikku Babu (29), both residents of Noida’s Sector-45, were arrested for running the racket in collaboration with international cybercriminals.
Police revealed that the duo operated through a fake company named “NG Traders” and opened multiple fraudulent bank accounts. They also used several CUG numbers in the company’s name to communicate with victims. Investigations found that the accused were linked to foreign cyber fraud networks and maintained 18–20 current accounts across various banks in India.
The fraud was carried out by publishing advertisements on Facebook under the name “CryptoPromarkets.” Victims were made to register through the link, believing it to be a legitimate investment platform. The accused, posing as officials named Priya, Ramesh Kumar, Sharad Vohra, and Vicky Malhotra, contacted the victim through different phone numbers and email IDs.
Between July 7 and July 29, 2025, the victim deposited ₹66,21,000 into multiple accounts after being promised huge profits. Once the money was transferred, the accused stopped responding and refused to provide any returns, raising suspicion.
