₹792 cr Investment Scam: Telangana CID Detains Falcon Exec

Telangana CID arrested Falcon Group ex-COO Vikas Kumar Sakhare over a ₹792 cr fraud. Using the Falcon Invoice Discounting App, he and others created fake MNC deals, luring 7,056 depositors and collecting ₹4,215 cr, cheating 4,065 people. Operating since 2021 as a Ponzi scheme, the funds were diverted to shell companies before collapsing in January 2025.