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'Money Heist' inspired ₹250 crore stock scam: Delhi Police

India

Delhi Police have busted a cyber fraud ring run by three young men who took cues from Netflix's "Money Heist"—even using the show's character names to stay hidden.
Over the last one and a half years, they tricked hundreds of people out of nearly ₹250 crore by sending fake stock tips on WhatsApp, then blocking victims and freezing their funds.
The stolen money was routed through fake accounts, converted to crypto, and linked to handlers in China and Cambodia.

2 more suspects are still at large

The investigation kicked off after a Delhi government worker lost ₹21.77 lakh and reported it to police.
Officers traced the scam through misused bank accounts belonging to vulnerable individuals.
During arrests in Noida and Siliguri last month, police seized multiple phones, SIM cards, and debit cards from the accused.
Two more suspects are still on the run as police dig deeper into international links and crypto trails.