Pune: A 50-year-old woman from Chinchwad has lodged a complaint with the police alleging that online fraudsters cheated her of Rs 61.65 lakh between Jan and Oct last year by luring her with promises of high returns through online share trading.The victim approached the Pimpri Chinchwad police last week, and her complaint was formally registered on Friday at the Chinchwad police station for further investigation.
The complaint, who is a homemaker, stated that her phone number was added to a group on a messaging application where members regularly discussed substantial profits earned through share trading. Impressed by these messages, she contacted the group’s administrator.According to police, the group’s administrator then shared a link to an online share-trading mobile application, which the woman downloaded and began using to trade in low-value shares.“Subsequently, the accused encouraged her to invest in high-value shares and initial public offerings (IPOs), offering assistance in making the investments. The suspects allegedly shared details of five different bank accounts, to which the woman transferred a total of Rs 61.65 lakh,” an officer from Chinchwad police said. “The mobile application displayed significant profits on her investments. The woman then attempted to sell some of her shares and withdraw the profits, but the suspects did not allow her to do so. The victim then realised that she was cheated and approached the police,” the officer added.
