These scams are known as "pig-butchering" scams, stock market investment scams entice victims with promises of high returns, using fake websites and misleading WhatsApp groups that appear connected to reputable financial firms
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CBI has so far placed under arrest 26 key accused persons (10 from Pune, 05 from Hyderabad and 11 from Visakhapatnam)
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The minor girls are school students and the accused boys are all alumni of the same institution.
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The cyber criminal had defrauded a senior citizens of Rs. 35 lakhs with a fake share market app
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The schools have been receiving bomb threats in the past in six instances earlier the investigators had found use of dark net in the process
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