The Delhi Police recently dismantled an investment scam and arrested two individuals, Gurinder Sharma (25) from Chandigarh and Pradeep Kumar Doobe (31), for allegedly cheating a local resident out of ₹1.60 lakh (approximately $1,930). The victim was lured through social media into a fictitious investment scheme named 'Elara Capital Investment Company'. After transferring the money in eight transactions, the victim realized he had been defrauded and reported the incident on the National Cyber Crime Reporting Portal in November 2025. Investigators traced the funds, revealing that the scam was part of a larger cyber fraud network involving around ₹68 lakh (approximately $8,200) across multiple states, including Himachal Pradesh, Andhra Pradesh, Punjab, and Maharashtra. The accused were found to have used mule accounts to receive and transfer the stolen money, with Sharma acting as a mule account holder and Doobe facilitating money laundering through a petrol pump's merchant account. Police recovered two mobile phones and three bank passbooks from the suspects, who are believed to have targeted victims by posing as representatives of a fake investment firm.