cyber fraud - Latest News Update, Information, Photos & Videos on cyber fraud at Lokmat Times

A 44-year-old man from Karanjade in Panvel fell victim to cyber fraudsters, losing Rs 45.69 lakhs while investing in the stock market. The fraudsters enticed the victim with promises of high returns on investments in the share market through them. The victim began his stock market ventures after receiving a link on a Telegram account. Upon clicking the link, he joined a Telegram channel named "Broad Securities Group 50" where the group admin, who identified himself as Sharif Singh, provided stock tips twice daily. Encouraged by the prospect of recovering his losses in the stock market, the victim proceeded further.He was later directed to open an account at win.broadsecuritie.com for trading in the stock market. After depositing Rs 20,000, he commenced his investments and initially made profitable gains, which bolstered his confidence. However, the victim was gradually persuaded to make larger investments by the cyber fraudsters. Trusting their suggestions, he followed suit. According to the victim's account on win.broadsecuritie.com, the total investment and profit amounted to Rs 98 lakhs. When he attempted to withdraw a portion of his profits, he was instructed to pay 18% GST, which he did by taking loans. However, he was then subjected to various additional charges. Over time, he ended up transferring a total of Rs 45.69 lakhs as investments and withdrawal fees without receiving any returns.

Cyber FraudFOLLOW

Cyber fraud, Latest News

The Santacruz police have filed an FIR in a cyber fraud case based on the complaint of Amit Raje, ... ...

Shakeel Ali Sutarwala, a 50-year-old engaged in brand marketing, fell victim to cybercriminals who falsely informed him that his ... ...

The number of cyber frauds is increasing day by day, and celebrities are no exception to this. Arjun Bijlani, ... ...

A 42-year-old woman from Panvel fell victim to a cyber fraud scheme involving customs charges, resulting in a loss ... ...

Pune: An elderly woman was allegedly duped into saying that a parcel sent from Mumbai in her name was ... ...

A 71-year-old resident of Vashi has fallen prey to cyber fraud, losing a staggering sum of Rs 83 lakhs ... ...

A retired MNC director in the city lost nearly Rs 25 crore in one of the largest cyber fraud cases targeting ... ...

A 44-year-old man from Karanjade in Panvel fell victim to cyber fraudsters, losing Rs 45.69 lakhs while investing in ... ...