Man duped of over Rs 32 lakh in online fraud | Mangaluru News

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Man duped of over Rs 32 lakh in online fraud

Mangaluru: A 35-year-old man was allegedly duped of more than Rs 32 lakh in an online share trading fraud after he accepted a Facebook friend request from a woman, claiming to be a trader from Mumbai.The complainant stated that on Sept10, while he was browsing Facebook on his mobile phone, an unknown person by the name of Kavya Shetty sent him a friend request. The complainant accepted the request and began chatting with her. During the conversation, Kavya informed him that she was working in trading in Mumbai and told him that if he too started trading, he would earn high profits. Later, she sent a link to the complainant’s WhatsApp number, asking him to join. When he clicked on the said link, a trading app opened. The complainant entered his name, email ID, and personal details and registered on the said trading app.He was then told to pay Rs 40,000 to purchase shares through trading. Accordingly, on Sept 13, the complainant made the payment. As profit, an amount of Rs 9,504 was credited to the complainant’s bank account. Later, when he invested Rs 2 lakh, a profit of Rs 23,760 was credited. This created trust in the said share trading for the complainant, and with the intention of earning higher profits, he transferred further amounts through UPI, IMPS, and RTGS in multiple transactions to various bank accounts provided by Kavya.He alleged that between Sept 13 and Oct 24, the complainant transferred a total of Rs 32.1 lakh to different bank accounts. A case has been registered at the CEN crime police station.





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