Delhi Police arrest mastermind behind nationwide forex scam
Delhi Police have caught Krishna Kumar Sharma for allegedly running a countrywide forex fraud ring.
Posing as film producers, Sharma's gang tricked traders and travel companies into handing over large sums—like one case where they took $15,000 and 1,000 euros (about ₹14.5 lakh).
Their scams played out in five-star hotels before the group vanished with the cash.
How the gang pulled it off—and what's next
The crew included Sharma's nephew and hired associates who set up convincing movie industry scenes with bouncers and makeup artists to gain trust.
They used hotel rooms for deals, escaped through alternate exits, and kept changing phones and SIM cards.
When arrested in West Delhi on a Kolkata warrant from December 6, Sharma was also accused in another case involving alleged hypnosis to steal $25,000.
The investigation is still ongoing as police dig deeper into their tactics.