<p>Ranchi: The <a href="https://www.deccanherald.com/india/jharkhand">Jharkhand</a> <a href="https://www.deccanherald.com/tags/cid">CID</a> has arrested a man allegedly involved in an online investment scam from <a href="https://www.deccanherald.com/india/tamil-nadu">Tamil Nadu</a>, an official said on Monday.</p>.<p>The arrest came following a complaint lodged by a Ranchi resident on April 16 concerning a fraudulent scheme amounting to Rs 80 lakh.</p>.Four held for opening mule bank accounts used to transfer Rs 175cr cyber fraud proceeds in Hyderabad.<p>The accused was arrested from Thiruvarur district of Tamil Nadu on Saturday. He was brought to Ranchi on transit remand and forwarded to jail on Monday, an official said.</p>.<p>"He collaborated with his other associates and opened bank accounts in the name of dummy proprietorship firms..." a CID statement said.</p>.<p>The victim was lured with an investment opportunity through a social media group, it said.</p>.<p>“Consequently, he fell victim to the scam, losing a staggering sum of Rs 80 lakh,” the statement said. </p>
<p>Ranchi: The <a href="https://www.deccanherald.com/india/jharkhand">Jharkhand</a> <a href="https://www.deccanherald.com/tags/cid">CID</a> has arrested a man allegedly involved in an online investment scam from <a href="https://www.deccanherald.com/india/tamil-nadu">Tamil Nadu</a>, an official said on Monday.</p>.<p>The arrest came following a complaint lodged by a Ranchi resident on April 16 concerning a fraudulent scheme amounting to Rs 80 lakh.</p>.Four held for opening mule bank accounts used to transfer Rs 175cr cyber fraud proceeds in Hyderabad.<p>The accused was arrested from Thiruvarur district of Tamil Nadu on Saturday. He was brought to Ranchi on transit remand and forwarded to jail on Monday, an official said.</p>.<p>"He collaborated with his other associates and opened bank accounts in the name of dummy proprietorship firms..." a CID statement said.</p>.<p>The victim was lured with an investment opportunity through a social media group, it said.</p>.<p>“Consequently, he fell victim to the scam, losing a staggering sum of Rs 80 lakh,” the statement said. </p>