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Mumbai: Trombay woman held in multi-crore stock market fraud case

Investigations uncovered that the fraudsters operated through a WhatsApp group named ‘Stock Market Navigation 20’

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Representational Pic/File

Representational Pic/File

The Central Cyber division of the Mumbai Crime Branch has arrested a 21-year-old woman from Cheeta Camp in Trombay, identified as Nadiya Shaikh, for her involvement in a stock market cyber fraud case. 

Shaikh has been accused of playing a key role in a multi-crore scam by facilitating fake bank accounts and processing illicit transactions.

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