A private firm employee from Hinjewadi lost Rs 35.3 lakh to cybercrooks in an online share-trading fraud between March and April. A case was registered with the Hinjewadi police on Thursday.
Details of the Fraud
An officer from the Hinjewadi police stated that the complainant works with a prominent construction company. In March, while he was in his office, a woman contacted him. She then added him to various investor groups on a mobile messenger application.
The woman assured the complainant of good returns on his investments in shares and IPOs through their firm, the officer explained. Trusting her, the complainant transferred a total of Rs 35.28 lakh into several bank accounts provided by the woman, continuing until April 24, ultimately losing the entire amount.
Police Investigation Underway
The police have sought transaction details from the complainant's bank to trace the fraudsters. “We have requested the bank to provide records of those transactions,” the officer added.
This incident highlights the growing threat of cyber frauds targeting investors through social media and messaging platforms. Authorities urge the public to verify credentials before investing and to report suspicious activities immediately.
