Advertisement
In a distressing incident, a 48-year-old resident of Navi Mumbai, Maharashtra, fell victim to cyber fraudsters, losing a staggering ₹1.36 crore in an online trading scam, as reported by the police on Sunday.
The unfortunate individual was targeted by perpetrators who enticed him into investing in share trading, promising lucrative returns. Acting on the false assurances, the victim transferred the hefty sum of ₹1.36 crore across various bank accounts as instructed by the fraudsters.
Navi Mumbai Resident Duped of Rs 1.36 Crore in Online Trading Scam. Upon realizing that he had been deceived and not receiving any returns on his investment, the victim, residing in Jui Nagar, promptly reported the incident to the authorities. Subsequently, a case under section 420 of the Indian Penal Code and relevant provisions of the Information Technology Act was registered against two individuals and an entity identified as Angel One.
While the investigation is underway, no arrests have been made thus far, confirmed senior inspector Gajanan Kadam.
This unfortunate incident serves as a stark reminder of the prevalent risks associated with online transactions and underscores the importance of vigilance and caution while engaging in financial activities over digital platforms.
