The Times of India

UP STF arrests Nagpur man linked to pan-India fake IPO cyber scam; 3,087 plaints traced

Uttar Pradesh STF arrested Anurag Arvind Srivastava, the alleged mastermind of a large cyber fraud syndicate. This syndicate defrauded investors of crores through fake IPO and stock trading schemes. Victims were lured via social media and a fraudulent investment application called ACI Century App. The investigation revealed a gaming platform was also used to facilitate these financial transactions.