# Men arrested in Navi Mumbai for iridium fraud

https://www.thehindu.com/news/cities/mumbai/two-men-arrested-in-navi-mumbai-for-duping-investors-through-fake-iridium-scheme/article71588332.ece

Two men arrested in Navi Mumbai for fraud involving a fake iridium scheme. They claimed iridium reserves exist near West Bengal-Bangladesh border. Investors were promised 50% of ₹3.34 lakh crore proceeds.

Image: https://th-i.thgim.com/public/incoming/chnjgj/article70820343.ece/alternates/LANDSCAPE_1200/IMG_vbk-HANDCUFF-arrest_2_1_46C98QUC.jpg

#iridium #fraud #investors #mumbai

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Created: 2026-10-18T01:22:25.333362+00:00

Last edited: 2026-10-18T01:22:25.333362+00:00

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Original source: https://www.thehindu.com/news/cities/mumbai/two-men-arrested-in-navi-mumbai-for-duping-investors-through-fake-iridium-scheme/article71588332.ece