1 week Ago
Pune: In separate cases of online share trading frauds , three employees of different private companies collectively lost Rs 96.35 lakh between May and Oct. Three complaints – two with the Pune Rural police and one with the Pimpri Chinchwad police – were registered on Tuesday.
An engineer (44), a resident of Sinhgad Road, lost Rs 61.10 lakh to the cyber crooks. In his complaint with the Haveli police, he said for the last six years, he was using a share trading app and investing in stocks.
"In July this year, while searching on the internet, he came across an investment plan in the name of a prominent banking firm. An admin of the firm sent him a link and added him to a group of investors where everyone was given tips about the stock market. Initially, the victim invested a small amount and earned a good profit," said an officer from the Pune Rural police.
The officer said the victim was then told to invest in the IPOs. "The victim went on to invest, but he was not able to withdraw it. He was told to pay 20% of the profit amount to get his money back," the officer said, adding that by July 31, the victim transferred Rs 61.
10 lakh to different bank account numbers to get his money. "He realised that he was being duped when the suspects continued to demand money. He stopped responding to them and approached the police," the officer said.
In another similar case registered with the Haveli police, a 58-year-old resident of Khadakwasla lost Rs 24 lakh in May. "The victim came into contact with the crooks through a social media platform and was added to a group of investors on a mobile messenger app," he said. The officer said the admin of the group then told the victim to open a demat account through them for trading in shares.
"The victim transferred Rs 1 lakh to that account and was able to withdraw that amount, following which he started investing through that account," the officer said. He said between May 12 and May 31, the victim transferred Rs 24 lakh to nine different bank account numbers provided to him. "When he tried to withdraw his money, the crooks demanded more money.
When the complainant refused to give them the money, the crooks stopped responding to him and duped him," the officer said. In the third case of similar fraud, the cyber crooks duped a 40-year-old resident of Wagholi of Rs 11.35 lakh by offering 10% profit per day.
The fraudsters followed similar modus operandi as the other cases. The victim, who is working with a private company in Moshi, filed a complaint with the Bhosari MIDC police on Tuesday. An officer from the Bhosari MIDC police said the victim came into contact with the crooks through social media last month.
"He was told to download an app for share trading. The name of the app was similar to a prominent broking firm, following which he downloaded the app," the officer said. He said between Oct 7 and 29, the victim transferred Rs 11.
35 lakh to different bank account numbers provided to him and lost it to the crooks, he said. =========== GFX BOGUS INVESTMENTS, SAME MODUS OPERANDI Cybercrooks opted for same modus operandi to dupe three people The victims were employed in different private firms. They were the residents of Sinhagad Road, Khadakwasla and Wagholi The conmen asked all three victims to download an application to invest in shares and earn handsome profits Names of these applications were almost similar to prominent banks or broking firms Crooks return initial investments with profit to gain the victims's confidence When victims started investing large amounts, the crooks either terminate contact or ask more money to return the invested amount Quote The victim came into contact with the crooks through a social media platform and was added to a group of investors.
The admin of the group then told the victim to open a demat account through them for trading in shares. The victim transferred Rs 1 lakh to the demat account and was able to withdraw that amount. Later, he started investing through the demat account.
However, the victim could not withdraw any money afterwards An officer from the Haveli police Pune: In separate cases of online share trading frauds, three employees of different private companies collectively lost Rs 96.35 lakh between May and Oct. Three complaints – two with the Pune Rural police and one with the Pimpri Chinchwad police – were registered on Tuesday.
An engineer (44), a resident of Sinhgad Road, lost Rs 61.10 lakh to the cyber crooks. In his complaint with the Haveli police, he said for the last six years, he was using a share trading app and investing in stocks.
"In July this year, while searching on the internet, he came across an investment plan in the name of a prominent banking firm. An admin of the firm sent him a link and added him to a group of investors where everyone was given tips about the stock market. Initially, the victim invested a small amount and earned a good profit," said an officer from the Pune Rural police.
The officer said the victim was then told to invest in the IPOs. "The victim went on to invest, but he was not able to withdraw it. He was told to pay 20% of the profit amount to get his money back," the officer said, adding that by July 31, the victim transferred Rs 61.
10 lakh to different bank account numbers to get his money. "He realised that he was being duped when the suspects continued to demand money. He stopped responding to them and approached the police," the officer said.
In another similar case registered with the Haveli police, a 58-year-old resident of Khadakwasla lost Rs 24 lakh in May. "The victim came into contact with the crooks through a social media platform and was added to a group of investors on a mobile messenger app," he said. The officer said the admin of the group then told the victim to open a demat account through them for trading in shares.
"The victim transferred Rs 1 lakh to that account and was able to withdraw that amount, following which he started investing through that account," the officer said. He said between May 12 and May 31, the victim transferred Rs 24 lakh to nine different bank account numbers provided to him. "When he tried to withdraw his money, the crooks demanded more money.
When the complainant refused to give them the money, the crooks stopped responding to him and duped him," the officer said. In the third case of similar fraud, the cyber crooks duped a 40-year-old resident of Wagholi of Rs 11.35 lakh by offering 10% profit per day.
The fraudsters followed similar modus operandi as the other cases. The victim, who is working with a private company in Moshi, filed a complaint with the Bhosari MIDC police on Tuesday. An officer from the Bhosari MIDC police said the victim came into contact with the crooks through social media last month.
"He was told to download an app for share trading. The name of the app was similar to a prominent broking firm, following which he downloaded the app," the officer said. He said between Oct 7 and 29, the victim transferred Rs 11.
35 lakh to different bank account numbers provided to him and lost it to the crooks, he said. =========== GFX BOGUS INVESTMENTS, SAME MODUS OPERANDI Cybercrooks opted for same modus operandi to dupe three people The victims were employed in different private firms. They were the residents of Sinhagad Road, Khadakwasla and Wagholi The conmen asked all three victims to download an application to invest in shares and earn handsome profits Names of these applications were almost similar to prominent banks or broking firms Crooks return initial investments with profit to gain the victims's confidence When victims started investing large amounts, the crooks either terminate contact or ask more money to return the invested amount Quote The victim came into contact with the crooks through a social media platform and was added to a group of investors.
The admin of the group then told the victim to open a demat account through them for trading in shares. The victim transferred Rs 1 lakh to the demat account and was able to withdraw that amount. Later, he started investing through the demat account.
However, the victim could not withdraw any money afterwards An officer from the Haveli police.
