A police spokesperson reported on Thursday that a 50-year-old woman fell victim to online trading scammers who deceived her out of Rs 1.67 crore by offering enticing returns from share trading and IPO investments.
The woman, who is a freelance consultant living in Lokhandwala Complex in Kandivali East, was duped between February 2 and March 14 this year, he added.
“On Wednesday, she approached North Region Cyber Police Station and lodged a complaint, after which a case was registered against four unidentified fraudsters. The woman has told police she is active on various social media platforms, including Instagram. On February 2, she received an advertisement of share trading with a link on Instagram,” he said.
“She clicked the link and was added to a WhatsApp group. The accused claimed to be working in one TradeSmart company involved in share trading, block trading and IPO subscriptions. She deposited Rs 1.67 crore but later realised she had been cheated.
A case was registered under Bharatiya Nyaya Sanhita and Information Technology Act,” he added.
Also read: Viksit Workforce for a Viksit Bharat
Do Follow: The Mainstream formerly known as CIO News LinkedIn Account | The Mainstream formerly known as CIO News Facebook | The Mainstream formerly known as CIO News Youtube | The Mainstream formerly known as CIO News Twitter |The Mainstream formerly known as CIO News Whatsapp Channel | The Mainstream formerly known as CIO News Instagram
About us:
The Mainstream formerly known as CIO News is a premier platform dedicated to delivering latest news, updates, and insights from the tech industry. With its strong foundation of intellectual property and thought leadership, the platform is well-positioned to stay ahead of the curve and lead conversations about how technology shapes our world. From its early days as CIO News to its rebranding as The Mainstream on November 28, 2024, it has been expanding its global reach, targeting key markets in the Middle East & Africa, ASEAN, the USA, and the UK. The Mainstream is a vision to put technology at the center of every conversation, inspiring professionals and organizations to embrace the future of tech.
