Between January 31 and February 20, 2024, a Wakad businessman and a Pimple Saudagar software engineer lost a total of Rs 56 lakh to online share trading scams.
According to a Wakad police officer, the businessman (44) claimed in his complaint that on January 29, he saw an online advertisement about share trading. He was immediately added to a group on a mobile messenger app when he clicked on a link. He claimed that after receiving information about stock trading, he was instructed to download an app in order to make money.
According to him, the resident of Wakad downloaded the app and invested Rs 21.65 lakh in the stock market using money from his bank account and Rs 13.7 lakh from his spouse. He explained to them that although he could view the profit amount on the app, he was not permitted to take his money out.
He claimed to have realized he had been duped when, after making several follow-ups, he received no response.
In a different instance, a software engineer (46 years old) from Pimple Saudagar contacted the scammers via social media. The thieves advised him to download an app in order to trade stocks. He transferred Rs 20.6 lakh to two distinct bank accounts between February 12 and February 20.
The victim attempted to take his money out, but he was denied access. Initial inquiries suggested that the funds were moved to bank accounts in Kolkata and Ghaziabad.
