Two employees from Pimple Saudagar and Ravet lose Rs 50 lakh in online investment fraud

Two employees from Pimple Saudagar and Ravet lose Rs 50 lakh in online investment fraud

Two employees from Pimple Saudagar and Ravet lose Rs 50 lakh in online investment fraud

Share This News

Two private employees residing in Pimple Saudagar and Ravet collectively lost Rs 50 lakh in an online investment fraud. Two separate cases have been registered in Ravet and Sanghvi police stations. According to an officer of Sanghvi police, the software engineer (46) residing in Pimple Saudagar was duped of Rs 4.24 lakh by cyber crooks in an online share trading fraud between January 16 and February 19 this year.

The victim had initiated a transfer of Rs 19.7 lakh from his and his wife’s bank accounts to the fraudster. In order to encourage the complainant to transfer more, the crook returned Rs 15.76 lakh to the couple. Upon investigation, the officer-in-charge found out that the returned money was shared from the bank accounts of other online share fraud victims.

In the case registered in Ravet, the employee (30) working in a private company lost Rs 46 lakh to the cyber crooks between March 24 and May 13. The victim was promised handsome returns in trading stocks. However, after the completion of the money transfer, the victim was unable to withdraw it. Therefore, he approached the police and lodged a complaint. Further investigation is underway.