Noida: A 35-year-old IT firm owner who allegedly used personal details of his employees' to set up fake firms and bank accounts for cyber fraud was arrested on Wednesday.
Ankit Arora of Rampur, who runs DG Survey in Sector 62, was arrested near Chaar Murti after a woman filed a complaint in June claiming she was cheated of Rs 34 lakh in a cyber fraud case, police said.
DCP (Cyber) Priti Yadav said Arora was traced after cops zeroed in on one bank account that was linked to at least 114 fraud cases across the country.
Police said Arora would recruite employees with false promises of high-paying roles and transfers. He then used their personal documents to register shell companies and open bank accounts, which he used for fraudulent activities. If these accounts were flagged, the employees were left to face the consequences.
"Several employees came forward during the investigation, saying Arora tricked them with promises of lucrative positions and money. He exploited their credentials to commit fraud, putting them in jeopardy," an official said.
Police suspect Arora runs a widespread network of cyber crimes and are investigating his links with international entities.
"Further proceedings are underway to uncover the full extent of his activities and the accounts he used. We are scanning records to identify more victims," police said.
