📷 Image: Wikimedia Commons / Unknown authorUnknown author
Crime
Delhi Arrests Bhopal Man in ₹12.09 Cr Fake Gold Trading Scam Linked to Jaipur
✍️ Amar Ujala · Jaipur
🗓 26 Aug 2026, 04:17 PM
👁 4
Rajasthan cyber police have arrested Bhopal resident Vishal Sharma in Delhi for a ₹12.09 crore online gold trading fraud that operated through a fake website targeting investors in Jaipur.
Rajasthan State Cyber Crime Police announced the arrest of Vishal Sharma, a 38‑year‑old resident of Bhopal, after he was apprehended in Delhi. The operation was part of a coordinated effort to curb a large‑scale online fraud that had duped investors across Rajasthan.
According to the police, Sharma ran a fraudulent gold‑trading website that promised high returns on virtual gold purchases. Over several months, the scheme collected a total of ₹12,09,65,512 from victims, primarily in Jaipur, before the platform vanished.
Investigators said the arrest was made after tracing digital footprints and financial transactions linked to the fake portal. Sharma now faces charges of cyber fraud, cheating, and money laundering, and will be produced before a Jaipur court for further legal proceedings.
According to the police, Sharma ran a fraudulent gold‑trading website that promised high returns on virtual gold purchases. Over several months, the scheme collected a total of ₹12,09,65,512 from victims, primarily in Jaipur, before the platform vanished.
Investigators said the arrest was made after tracing digital footprints and financial transactions linked to the fake portal. Sharma now faces charges of cyber fraud, cheating, and money laundering, and will be produced before a Jaipur court for further legal proceedings.