The district- and State-level special squads formed under senior police officers have begun investigation into a series of cyber crimes in which multiple social media accounts were used by a gang of youngsters to woo potential investors into fraudulent investment schemes.
Efforts are on to track suspicious Facebook, Instagram and WhatsApp accounts which were used to send spam hyperlinks to the targeted individuals and prompt fund transfers promising them high returns for their investments.
According to police sources, a majority of suspects who worked as agents for anonymous operators behind the fraudulent online financial schemes are youngsters below the age of 25. Some of them, including Kozhikode natives, have already been nabbed as part of the continuing investigation, they said.
