A 57-year-old private firm employee from Pune, already a victim of a share-trading scam, has lost an additional Rs 51 lakh to another purported global investment platform. The incident occurred between October last year and February, as he attempted to recover his earlier losses.
Case registered with cyber police
The resident of Rupinagar in Pimpri Chinchwad filed an online complaint, following which a case was registered with the Pimpri Chinchwad cyber police recently. An officer from the cyber police stated that the complainant works with an automotive company in Pimpri Chinchwad.
How the scam unfolded
In October last year, the man came across videos featuring politicians promoting trading in international markets. He clicked on a link in the video and registered himself. The next day, he received a call from an unknown person who provided trading information and instructed him to open an account on an international trading platform.
The complainant transferred Rs 15 lakh as directed but lost the entire amount. When he attempted to withdraw his money, the fraudsters demanded additional funds under various pretexts. Realizing he was duped, he stopped responding.
Attempt to recover losses leads to bigger fraud
Later, the complainant encountered similar investment offers from other companies on social media. Hoping to recover the lost Rs 15 lakh, he registered with another company. He invested Rs 51 lakh into the second firm and saw on its website that he had earned a profit of Rs 2.76 crore. However, when he tried to withdraw his money, he was not allowed.
The officer said, "The man realized he was duped again and approached the police." The amounts were transferred to different banks in Haryana, Gujarat, and Delhi. Police have sought account details from the respective banks.
