Achi news desk-
The Western Region Cyber Cell of the Mumbai crime branch has arrested two persons from Madhya Pradesh for defrauding a businessman of Rs 16.31 lakh under the guise of share trading. According to the police officer, the two suspects have B Pharma degrees and run a pharmaceutical business together.
According to information from the police, the arrested accused are Deepak Jatav (29) and Vineet Baheti (34).
A police officer revealed that the complainant is a 39-year-old MBA graduate working in a finance company. The complainant told the police that while browsing Instagram, he came across a link advertising earning money by trading shares. After clicking on the link, it was added to the Telegram group.
Victim Lured Into Share Trading Scam, Unable To Withdraw Earned Money
In that group, many people were already added, and they were talking about earning profit by trading shares. The complainant was also tempted to earn profit, so he started investing Rs 16.31 lakhs. The accused created a virtual account for the complainant and was showing him how much money he had won.
A police officer revealed that a complainant was shown to have earned Rs 31 lakh after investing RS 16.31, but when the complainant tried to withdraw the money, he could not. When the complainant contacted those people over the phone to demand the money, the accused started making excuses, and then realized that he had been duped.
Cyber Cell Freezes 11 Lakh Rupees, Reveals Multi-Account Money Transfer in Share Trading Scam
The complainant submitted a complaint to the Western Region Cybercell, and the Cybercell immediately took action and froze 11 lakh rupees. During the investigation, the cyber police found that the complainant’s money was transferred to a total of 15 bank accounts.
On further investigation, it was found that money was also transferred to Deepak Jatav’s bank account, for which the accused had also given 50,000 rupees to Jatav. Police investigation revealed that Jatav’s bank account was being operated by his friend Vineet Baheti.
A police officer mentioned that the complainant lodged a complaint about this matter on March 8, and that the complainant had invested in share trading between December 2023 and January 2024. In this case, the police are currently looking for three to four suspects.
