CUTTACK : The Cyber and Economic Offence police on Monday arrested a 42-year-old man for allegedly duping gullible people of lakhs of rupees by luring them to invest in different fake trading apps.
The accused has been identified as Surendra Sahoo of Balasore district. His associate, Keshab Gauda of Ganjam, is reportedly absconding.
Police said Sahoo stayed at his in-laws’ place in Rayagada’s Muniguda and by using a different identity was indulged in creating fake trading apps along with Gauda. Sahoo used to send Gauda to different cities to hold seminars and lure people into investing money in their fake trading apps, police said.
