Hey there, folks! Today we have a cautionary tale from Aundh that serves as a reminder to always be vigilant when it comes to online investments. A 58-year-old merchant navy engineer fell victim to an elaborate online share trading scam, losing a whopping ₹1.77 crore in the process.
It all started when he clicked on an advertisement on social media last December and was roped into a mobile messenger group by a woman posing as a professional trader. She introduced him to an app-based investment platform, and he was soon convinced to invest ₹5,000 in shares.
As the app showed impressive profits, the victim kept investing larger amounts, eventually seeing his profits soar to a staggering ₹26.33 crore by February. However, when he tried to withdraw the amount, he was asked to pay a 7.5% tax on his supposed profits. When his withdrawal requests were ignored, he realized he had been scammed and reported the incident to the police.
The cyber police in Pune have registered an FIR and are currently investigating the case, tracing the funds to bank accounts in different cities across the country. They are working hard to identify the culprits behind the fraud and have issued a warning to the public to thoroughly verify trading platforms before investing and to avoid sharing financial details with unverified sources.
So, remember, always stay alert and do your due diligence before diving into online investments to avoid falling prey to scams like this unfortunate victim from Aundh. Stay safe out there, folks!
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