The Mumbai Police arrested three individuals for allegedly dishonest an aged girl of over Rs 2.85 crore by luring her right into a pretend inventory market funding scheme.
The rip-off, which passed off between February 2 and March 7 this 12 months, noticed the accused posing as reputable stockbrokers and providing worthwhile funding alternatives within the share market.
In response to police, the sufferer was initially contacted on Whatsapp by the frauds, who offered to her a professional-looking webpage displaying the rise and fall of inventory costs and making the scheme look reputable.
The fraudsters even offered pretend paperwork, together with a cast SEBI (Securities and Alternate Board of India) registration certificates, to achieve the sufferer’s belief, mentioned a police officer. Satisfied by the fraudulent claims, the lady was persuaded to take a position Rs 2.85 crore within the scheme.
Nevertheless, after the sufferer transferred the cash, they reduce off all communication. It was then that the lady realized that she had been duped and approached the police.
The north area cyber police recognized the accused as Sheshnath alias Ganesh Shatrughan Pandey (47), Satish Ashok Punamiya (47) and Rahul Rajkumar Bachchan (37), who have been arrested in separate raids carried out in Daman and Diu, Gujarat, and Mumbai on Sunday.
Throughout investigation, police discovered the accused had opened 70 financial institution accounts, which they used to siphon off sufferer’s cash and cost hefty commissions in return. Police suspect their involvement in 130 comparable cyber crime circumstances throughout the Mumbai Metropolitan Area.
Why do you have to purchase our Subscription?
You wish to be the neatest within the room.
You need entry to our award-winning journalism.
You don’t wish to be misled and misinformed.
Select your subscription bundle
