Hadapsar: A 38-year-old technology professional from Hadapsar became a victim of an online share trading scam, losing ₹45.40 lakhs between October 2024 and January 2025. He was enticed by the promise of substantial returns from a group administrator in a messaging app, who persuaded him to invest in online trading.
According to Hadapsar police the scam started when he joined a group where members shared stories of significant trading profits, attributed to the admin’s tips. After reaching out to the admin, he was instructed to download a trading application and advised to begin by purchasing low-cost shares. The scammer then urged him to invest larger amounts, directing him to transfer money to six different bank accounts, all while assuring him of high returns.
Eventually, the victim transferred a total of ₹45.40 lakhs, only to realize he had been deceived. He subsequently reported the incident to the Hadapsar police, who are now investigating the matter.
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