Jaipur, July 21, 2026: Rajasthan Police’s Cyber Crime Wing has arrested Divya Singh Kushwaha, a director of Golden Legend Leasing and Finance Limited (GLLFL), from Mumbai in connection with an alleged ₹12.09 crore online gold trading fraud case.
The accused was arrested in a case involving an alleged cyber fraud of ₹12,09,65,512, in which a victim was reportedly lured through WhatsApp with promises of high returns from gold trading and directed to invest through a fake trading platform. The investigation has also uncovered a wider cybercrime network operating across multiple states.
According to the Rajasthan Cyber Crime Police, the victim was introduced to a fake gold trading platform through WhatsApp and was encouraged to invest through the website kdeonegold.net. The victim was initially shown fictitious profits through a virtual wallet to build confidence. After further investments were made, the accused allegedly demanded additional payments under various pretexts, including income tax, processing fees and account unfreezing charges.
Despite receiving substantial amounts, the accused allegedly neither returned the invested money nor permitted withdrawals.
Investigation Traces Role of Finance Company
During the technical and financial investigation, police found that a virtual merchant account allegedly used in the fraud was provided to Prime Information Technology Private Limited and operated through Golden Legend Leasing and Finance Limited.
Investigators have reportedly identified serious irregularities in the onboarding, KYC, due diligence, risk monitoring and fraud detection processes associated with the accounts. The investigation also found that multiple complaints had been registered against the relevant accounts on the National Cyber Crime Reporting Portal and through the 1930 cybercrime helpline from different states.
Woman Director Arrested from Mumbai
The arrest was carried out by the Jaipur State Cyber Crime Police team after investigators allegedly established the role of GLLFL directors in the case. Earlier, a chargesheet had been filed against accused Iqbal Ahmed after the investigation against him was completed.
