It seems like the world of online trading is becoming increasingly risky, as another individual falls victim to a scam in Pune. A 48-year-old delivery manager at an IT company was recently defrauded of a whopping Rs 95 lakh in an online share trading scheme that lasted for almost three months.
The victim, a resident of Magarpatta in Hadapsar, was lured into the scam after receiving a link on a social media site that led him to join a stock market group promising trading training in exchange for a cut of the profits. The victim was then convinced to download a mobile application that showcased investment details and shares on a virtual platform.
After being enticed by discounts on shares and promises of high returns, the victim transferred Rs 95 lakh into 13 different bank accounts provided by the scammers. However, as expected, the fraudsters disappeared without a trace, leaving the victim high and dry.
This incident comes on the heels of a similar case in May, where a man from Pashan lost a staggering Rs 1 crore in an online trading fraud. It’s clear that online scams are on the rise, and it’s more important than ever to exercise caution when engaging in any form of online trading or investment. Stay safe, Pune!
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