Explained: How Chinese nationals cheated 5 lakh Indians of ₹150 crore

In a shocking instance of cyber crime, about 5 lakh Indians were duped by Chinese. Cyber Cell linked to Delhi Police on Wednesday busted a syndicate run by a group of Chinese nationals who were stealing data and have cheated over 5 lakh Indians of over ₹150 crore via fake investment apps. 11 persons, including two Chartered Accountants were arrested in a crackdown by Delhi Police. These people were running multiple financial investments schemes and they assured people that their money was safe and they would get high returns. Delhi Police revealed these apps were run by Chinese nationals using Multilevel marketing (MLM) model for cheating. Watch the full video for more details.