Mumbai News: Goregaon Police Bust ₹1.14 Crore Fake Forex Trading Racket; Five Accused Booked

The Goregaon police have arrested two individuals for allegedly operating a fake forex trading website, unityfxlive.com, and defrauding several people of more than Rs.1.14 crore. The accused ran the website, closed the digital wallet accounts, and cheated people. They also operated the website and a call centre without any licences or permissions. The accused created fake Aadhaar and identity cards to carry out the fraud. An FIR was registered against four individuals on August 5.

Illegal Call Centre Busted During Police Raid

According to the FIR, the police received information that a few individuals were operating a fake call centre at Shop No. 405, 4th Floor, Asmi Complex, Ram Mandir, Goregaon West. They were running the call centre under the guise of forex trading. On August 4, the police raided the premises around 4:30 pm. Upon arrival, they discovered computers and laptops. During interrogation, the accused failed to provide satisfactory answers and attempted to evade questions.

Meanwhile, one of the accused, Sunil Gar, admitted that they had operated the fake forex trading website unityfxlive.com and defrauded people through the platform. The police found Rs.1.14 crore in the website wallet, 1,545 active users, and 54 non-KYC users on the platform. At the time of the raid, over 200 users were actively using the site. The accused had created various investment packages such as Demo_Unity, ECN, Micro, Mini, and Premium, and was offering them to users.

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Over 200 Users Active on Platform During Raid

The main accused, Rohit Kadam alias Boss, 34, resides in Dombivli East. He allegedly provided multiple mobile numbers to other accused and instructed them on how to carry out the scam. The accused also sent malicious links to people, which, once clicked, gave them unauthorised access to the victims’ mobile phones.

Offenders Booked Under BNS and IT Act

The arrested individuals have been identified as Rohit Kadam (34), Anul Gar (35), Sunil Laxmankar (26), Ashish Kumar Jaiswal (36), and others. The police have registered the case under Sections 336(2), 336(3) (forgery), 338 (forgery of valuable security, will, etc.) and other relevant provisions of the Bharatiya Nyaya Sanhita, along with applicable sections of the Information Technology Act.