Falcon COO arrested after over 4,000 investors cheated of ₹792 cr
Telangana CID has arrested, Aaryan Singh, the Chief Operating Officer of Falcon Invoice Discounting, for his key role in the diversion of funds in an investment fraud. The accused, along with others, allegedly cheated depositors by developing the Falcon Invoice Discounting Application and creating fake deals in name of reputed MNCs. Over 4,000 investors were cheated of over ₹792 crore.