News Topical, Digital Desk : Cyber fraudsters duped a 63-year-old retired bank officer in Mumbai of ₹1.35 crore by promising him huge profits in the stock market. Police have filed a case against 12 people in this matter.
According to police, the woman was duped between November 10 and December 19. She contacted a firm called Jainam Broking Limited after seeing an advertisement for the firm on YouTube, after which her mobile number was added to a WhatsApp group called 121 Community Hub Jainam.
The group's administrators, posing as company representatives, claimed that Jainam represented India in the Global Financial Elite Showdown (GFES) and promised high returns on investment. They also offered weekly rewards of 5,000 to 10,000 rupees for garnering more votes.
Virtual balance rises to Rs 10 crore
The police officer said that the woman was sent a link, and after clicking on it, she was added to another group. There, she was provided with bank account details for investment. On November 19th, the woman initially deposited ₹80,000, and the next day, her deposit was reflected as ₹88,000. Impressed, she invested a total of ₹1.35 crore, after which the amount appeared in her virtual account as ₹3.5 crore.
When the woman tried to withdraw some money, the fraudsters promised her 100 percent profit if she invested another ₹1.5 crore. They then fraudulently displayed a loan in her account, increasing her virtual balance to ₹10 crore.
When the woman requested a withdrawal of ₹7 million, the fraudsters told her she would first have to pay interest on a ₹1.5 million loan before she could withdraw the money. Feeling cheated, the victim filed a complaint with the East Zone Cyber Police Station on Saturday.
Read More: New twist in Sandekhali case, truck driver who hit witness arrested
--Advertisement--
Share



