Cybercrooks convinced the victim that they could get him good returns on his investment in the share market
When the victim agreed to invest through them, the crooks shared a link with him to download an app so that he could monitor his investments and profit.
Senior cyber police inspector Ravikiran Nale told TOI that the crooks contacted the victim through a mobile messaging app. “They also told him that their firm is registered with the Securities and Exchange Board of India (SEBI) and shared a SEBI certificate with the victim,” Nale said. “Believing them, the victim started investing amounts into the bank account numbers provided to him,” the officer said.
The crooks initially gave him returns of up to Rs40 lakh on his online investments in the stock market and gained his confidence. The victim then sold his share in his company and invested it in online stocks, going on to lose this amount to the crooks. They posed as officials of a prominent securities investment company and offered good returns on his investments in stocks through their company. They even shared tips with him.
Pune: A 55-year-old Nigdi resident, the former director of a company in Chakan MIDC, lost Rs11 crore between Nov last year and Jan this year to cybercrooks in an online share-trading fraud. “Till Jan 31 this year, he invested Rs11 crore in stocks.
He said the crooks gained the victim’s confidence by returning profit amounts to him. He sold off his share in his company,” he said. Nale said the victim then started investing amounts as per the tips provided to him by the firm. He transferred the amounts to different bank account numbers provided to him,” Nale said.
“When the victim got Rs40 lakh in return, he decided to trade in stocks on a full-fledged basis. You Can Also Check: Gold Rate in Pune | Silver Rate in Pune | Bank Holidays in Pune | Public Holidays in Pune | Petrol Price in Pune | Diesel Price in Pune | CNG Price in Pune | LPG Price in Pune