A 22-year-old youth has allegedly been cheated of Rs 5.3 lakh by unidentified fraudsters who lured him into investing in an online trading and gaming platform with promises of doubling his money.
How the Scam Unfolded
The complainant stated that while browsing his Telegram account last year, he received a WhatsApp message inviting him to join a website for trading and gaming activities. The fraudsters allegedly convinced him that his investments would generate high returns and assured him that the money deposited through the platform would be doubled.
Believing their claims, the complainant transferred money through Google Pay and Paytm in multiple transactions between January 29 and June 1. In total, the victim transferred Rs 5.3 lakh to the accused persons at various stages.
Aftermath and Legal Action
However, after receiving the money, the fraudsters failed to provide the promised returns, leading the complainant to realize he had been cheated. A case has been registered at Mangaluru South police station.
