A massive forex scam just unraveled. OctaFX, operating without RBI approval, allegedly duped investors of over ₹800 crore in less than a year using URL masking, mule accounts, and fake e-commerce setups.
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Raids in 4 cities: Mumbai, Delhi, Chennai, Gurugram
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Used unauthorized payment aggregators like Dinero
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50% of investor funds went to disguised payout accounts
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Transactions masked as online shopping refunds & vendor payments
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Payment links were faked to dodge RBI & banks
👉 Why this matters: Your money isn’t safe if you don’t verify who you’re investing with. OctaFx shows how tech tricks can hide big crimes.
🔗 Source: India Today
Curated by Articoli News
🖋️ Written and summarized by our editorial team using AI assistance and human review.
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