look news india
Mumbai: After joining the share trading WhatsApp group, the 48-year-old coaching class owner earned Rs. More than Rs 1.88 crore was defrauded. Vitthalwadi police of Ulhasnagar have registered a case under section 420 and are planning to catch the cyber thug gang. Police said on Wednesday that they were promised high returns by investing through an app.
The complainant told the police that in March a stranger had included him in a WhatsApp group named 'Stock Vanguard F'. There were 170 members in this group. Advice about stock trading was posted in the group.
The complainant found his advice credible and invested in the shares recommended by the accused. After this he was included in the 'Stock Vanguard-VIP' group on WhatsApp.
Further, three persons contacted the complainant, who identified themselves as Isha, Divya and Raj Rupani. Cyber gangs used to show some kind of 'SEBI certificate' to win their trust. In this way the accused trapped him. The accused said that the owner of a coaching class can earn huge profits through an app.
Therefore the complainant paid Rs. More than Rs 1.88 crore was invested. After some time he asked for his money back. But the accused did not give any answer. So finally contacted Vitthalwadi police and lodged complaint, police registered case under section 420 and other sections. But no one has been arrested yet.