Online account created for trading, company turned out to be fake, 2.5 crores withdrawn from account
Trading Scam: Shares of an American company were bought by a person through a group. The victim was also given a link to a website and was also asked to fill out a form on the website. A virtual account was also opened.
Along with many scams, trading scams are also spreading rapidly in India. People are falling prey to it every day. The latest case is from Mumbai where a 60-year-old man has fallen victim to this trading scam. In this scam, the person has been duped of Rs 2.56 crore. According to the report, someone had messaged the person on WhatsApp with the promise of huge returns and this whole game started with that chat.
According to Amar Uajla, the victim had joined a group named "KK (Fortune Center)" in December last year. In this group, many people including account opening managers Chaman Singh, and Neeta Singhania were admins. Shares of an American company were bought by the person through the group. The victim was also given a link to a website and a form was also filled on the website. A virtual account was also opened.
In February 2024, the victim invested Rs 50,000, and the virtual account showed a significant profit. Seeing the benefit, the victim increased his investment. The crooks also sent the victim bogus share certificates. Following this, funds were transferred to numerous additional accounts, with large profits promised.
One day, the victim was informed that the company had experienced a significant loss and that you must deposit 20% of the whole investment. Following this, the victim became suspicious and began asking questions. Following this, group members and administrators ceased replying, and the virtual account was disabled. A complaint has been filed in this situation, and it is being investigated.
