KANPUR: Kanpur police have arrested a Delhi-based businessman, Ravindra Nath Soni, for allegedly running a massive international investment scam that duped hundreds of Indians—both in India and in Dubai—of nearly Rs 970 crore. Investigators say the fraud spans multiple countries, involves cryptocurrency laundering, hawala routes, and may have national security implications. As on date, five FIRs have been registered against him, including one in Dubai, and one each in Aligarh, Kanpur Nagar, Delhi and Panipat. According to police, Soni, originally from Malviya Nagar in Delhi, shifted to Dubai several years ago and floated around 12 shell companies, including a flashy venture named ‘Blue Chip Trading'. Under the guise of high-end forex trading, he lured expatriate Indians with promises

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