Nagpur: One more senior citizen was conned in Nagpur of a whopping Rs 1.43 crore by cyber scammers in a well organised online share-trading fraud.
The unidentified cyber fraudsters promised the 63-year-old engineer, residing in Gittikhadan Police Station area of the city, high returns on his investment in share-trading and added him in a WhatsApp group on January 7 this year. There were already 100 people in the group. The victim, who was earlier working in a foreign country, read the messages of the group members about the procedure to invest in the stock market and how to sell the shares.
Initially, he invested some amount and received the profit. One S Ramji was guiding the group members. He told the victim that an initial public offering (IPO) of Apex Solarwould comes up shortly to raise equity capital from public investors. S Ramji told the group members that this would fetch more profit. The victim showed interest and was to deposit Rs 1.58 crore. Up to April 1, the victim invested Rs 1.43 crore in the bank account given to him by S Ramji.
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On March 26, he checked the credit score and found it low. He then checked on the WhatsApp group and was told by the members that it would go up automatically. On April 1, he tried to login on the application but it was not opening. Realising that he was duped by cyber scammers, he approached the police.
Following the victim’s complaint, Cyber Police registered a case under Sections 419, 420,465,467, 471, 34 of the Indian Penal Code, read with Section 66(d) of the Information Technology Act and initiated an investigation.
