Delhi Crime Branch arrested two men allegedly involved in a fake US dollar exchange racket
The gang used to lure victims with the promise of exchanging genuine US dollars for Indian rupees
New Delhi, November 11
The Delhi Crime Branch arrested two men allegedly involved in a fake US dollar exchange racket operating across multiple states in India.
The men have been identified as Neeraj and Karan, both aged 23, said police.
The police stated that the gang’s modus operandi involved luring victims with the promise of exchanging genuine US dollars for Indian rupees.
The gang members would first visit shops and purchase items using genuine US dollars, then create a ruse by asking shopkeepers if they knew anyone who could exchange dollars for Indian rupees.
The officials stated that the gang used fake SIM cards to communicate with potential victims. During the exchange, the accused would show real dollars as bait but secretly hand over bags filled with bundles of paper. After each successful scam, the accused would destroy their phones and SIM cards, and leave the area for a few days to avoid detection.
The police added that in August, Neeraj and Karan duped a young man of Rs 2 lakh in Sonia Vihar and executed a similar scam in September in the same area, cheating an elderly man of Rs 1 lakhs.
The duo was arrested from Anjali Vihar in Ghaziabad’s Loni district. During questioning, they admitted to their involvement.
Karan has been previously involved in four cases under the NDPS Act, burglary, Arms Act, while his associate Neeraj has been previously involved in six cases of the NDPS Act, robbery, Goonda Act, burglary, Arms Act, officials added.
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