Nagpur: In yet another share market trading fraud, a 26-year-old man was duped of Rs 20 lakh by online tricksters.
According to police, Sundaram Priyam Diwansingh, a resident of Shanti Nagar, Agra, Uttar Pradesh, and currently residing at Jaitala Road, received a phone call from a man who introduced himself as marketing executive of Fortune Alliance FG 21 group.
Consequently, Sundaram’s number was added in the WhatsApp group of the company and he received a bogus website link. Between April 11 and May 28, Sundaram invested Rs 20 lakh in the bogus share schemes of the company.
As the bogus website was showing huge profit on the investments, Sundaram tried to withdraw the money. However, the money could not be withdrawn. Sundaram soon realised the fraud.
An offence under Sections 419, 420, 465, 467, 468, 471 and 34 of Indian Penal Code was registered by MIDC Police.
