Rs 970 crore scam: How 400–500 investors across India and Dubai were duped

Kanpur police have arrested Ravindra Nath Soni, a Delhi-based businessman. He allegedly ran a massive international investment scam. Hundreds of Indians in India and Dubai were duped of nearly ₹970 crore. The fraud involves cryptocurrency laundering and hawala routes. Investigators are examining national security implications. Soni floated shell companies promising high returns. He is now in judicial custody.