Telangana CID arrests Falcon Group ex-COO in Rs 792 cr investment scam

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Telangana CID arrests Falcon Group ex-COO in Rs 792 cr investment scam

Representational image (Image: News18)

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News18•26-02-2026, 10:30

Telangana CID arrests Falcon Group ex-COO in Rs 792 cr investment scam

•Telangana CID arrested Vikas Kumar Sakhare, former COO of Falcon Group, in a Rs 792 crore deposit fraud.
•Sakhare played an active role in the offense, involving the Falcon Invoice Discounting Application.
•Accused cheated 4,065 people of Rs 792 crores by creating fake deals in the names of reputed MNCs, promising high interest rates.
•The company, M/s Capital Protection Force Pvt Ltd, advertised through social media and tele-callers, collecting crores from depositors.
•Operating since 2021, the scheme was a Ponzi scheme, diverting funds to shell companies before collapsing by January 2025.

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