Businessman duped of Rs 22.18L in cyber fraud
A Ludhiana-based businessman was allegedly duped of Rs 22.18 lakh by a scammer who promised high returns on investment. The complainant came across an advertisement on a social networking site and joined a WhatsApp group, where the suspect promised high returns on investment in the share market.
The fraudster convinced the victim, Baljeet Singh, to transfer Rs 22.18 lakh through various means. The latter realised he had been cheated and filed a complaint at the nearest police station.
“On August 14, 2024, I saw an advertisement on Facebook which promised high returns on investment in the share market. As I clicked the link, I was made to join a WhatsApp group, ‘IEF Grow Together-99’. When I joined the group, I started getting messages regarding high returns in share market investment plans. Later, the group admin sent me a link and asked to download the IEF app. Later, I was told that if I would make an investment in the share market through the app, I will get huge returns. Following which, I deposited Rs 22.18 lakh in different bank accounts provided by the scammer. Later, I realised that I was duped by cyber criminals. Afterwards, I lodged a police complaint in November last year and an FIR was registered in the matter on Friday,” the complainant said.
