Sakinaka man held for 5cr cyber fraud linked to stock investment

Mumbai: A 29-year-old man, Mohammad Kalim Akbar Ali Khan, was arrested by South Cyber Police in connection with a cyber case involving a Rs 5.39 crore scam orchestrated through a fake stock investment platform called Golden Bridge Investment Group.
The agency said Khan's account emerged in 51 cases of cyber fraud across India, and there is a huge turnover of crores through his account. Police said that the Sakinaka resident has been involved in 51 complaints, with the account appearing seven times in Layer 1 and 31 times in Layer 2 of cyber fraud laundering networks—an indication of its frequent use in moving illicit funds between scam layers. It was also flagged in ongoing investigations in both North and East Cyber Police divisions.

Police investigation revealed that Rs 5 lakh of the defrauded amount was routed through M/s Maxmore Payment Digitech Pvt Ltd, which is registered in Khan's name. Investigating officer Nandkumar Gopale said Khan was involved in accepting and transferring fraudulently obtained funds.
The complainant in the case is a retired businessman from Malabar Hill, who was conned by a woman named Akriti Desai, whom he met on a dating app. Posing as a businesswoman from Noida, she befriended the man on WhatsApp and lured him into investing in a fraud trading app, later identified as Golden Bridge Investment (formerly GEWE).
Between Jul 2024 and Feb 2025, the man invested nearly Rs 5.4 crore in the platform. Though he initially received Rs 20 lakh as "returns", when he tried to withdraw his full investment, he was told to pay 30% in tax and fees on purported profits of Rs 80 crore. That's when he realised he was defrauded.
He provided police with WhatsApp chats, bank details, screenshots, and a photo of a woman, Pari Patel, suspected to be linked to the fraud, said DCP Datta Nalawade.
Mumbai: A 29-year-old man, Mohammad Kalim Akbar Ali Khan, was arrested by South Cyber Police in connection with a cyber case involving a Rs 5.39 crore scam orchestrated through a fake stock investment platform called Golden Bridge Investment Group.
The agency said Khan's account emerged in 51 cases of cyber fraud across India, and there is a huge turnover of crores through his account. Police said that the Sakinaka resident has been involved in 51 complaints, with the account appearing seven times in Layer 1 and 31 times in Layer 2 of cyber fraud laundering networks—an indication of its frequent use in moving illicit funds between scam layers. It was also flagged in ongoing investigations in both North and East Cyber Police divisions.
Police investigation revealed that Rs 5 lakh of the defrauded amount was routed through M/s Maxmore Payment Digitech Pvt Ltd, which is registered in Khan's name. Investigating officer Nandkumar Gopale said Khan was involved in accepting and transferring fraudulently obtained funds.
The complainant in the case is a retired businessman from Malabar Hill, who was conned by a woman named Akriti Desai, whom he met on a dating app. Posing as a businesswoman from Noida, she befriended the man on WhatsApp and lured him into investing in a fraud trading app, later identified as Golden Bridge Investment (formerly GEWE).
Between Jul 2024 and Feb 2025, the man invested nearly Rs 5.4 crore in the platform. Though he initially received Rs 20 lakh as "returns", when he tried to withdraw his full investment, he was told to pay 30% in tax and fees on purported profits of Rs 80 crore. That's when he realised he was defrauded.
He provided police with WhatsApp chats, bank details, screenshots, and a photo of a woman, Pari Patel, suspected to be linked to the fraud, said DCP Datta Nalawade.