Delhi police have arrested seven individuals, including a contractual bank employee, for allegedly defrauding a man of ₹91 lakh ($111,000) by promising high returns in stock and cryptocurrency trading. The suspects, identified as Ajay, Mohit, Shankar, Partyaksh Koshar, Manish Jawla, Shrayance Pandit, and Dinesh, created fictitious bank accounts and sold them to other fraudsters. Deputy Commissioner of Police Hemant Tiwari stated that the victim was persuaded to join a messaging group for stock tips and subsequently transferred ₹91 lakh across 19 accounts. Upon realizing the scam, he reported it to the police. During the investigation, police identified and froze a suspicious account with ₹46 lakh. The fraudsters attempted to unfreeze it by sending a fake email impersonating an investigative officer. Technical analysis led to the identification and arrest of the suspects. The police have recovered ₹5.5 lakh so far, with further investigations ongoing.