Man cheated of Rs 42 lakh on pretext of forex trading | Pune News


The cyber crime wing of the Pune City police launched a probe after a 77-year-old retired manager of a private company was cheated of Rs 42 lakh over a period of a month on the pretext of investment in forex and commodities markets.

The man, a resident of Sahakarnagar, who retired from a private technology firm, registered a complaint at the cyber police station of the Pune City police on Tuesday.

According to the complainant, on August 14, he received a call from a person claiming to be an executive of a company that operates online platforms for trading in forex and commodities.

The complainant was offered very high returns on investments into these markets.

“The suspects directed the complainant to a fraudulent online page, where he was kept under the impression that he was getting high returns on his investments. Over the period of a month, various people claiming to be representatives of the company called him and asked for more and more money for investment,” said an officer from the cyber police station.

After sending Rs 42.45 lakh, the complainant thought of withdrawing some amount but he was told that he would not be able to do so.

“After he was repeatedly denied withdrawals, the complainant realised he has been cheated,” said the officer adding that the police have launched a probe into the numbers and accounts used by the suspects.

© The Indian Express Pvt Ltd

First published on: 21-12-2023 at 02:15 IST



Read More:Man cheated of Rs 42 lakh on pretext of forex trading | Pune News

2023-12-20 20:45:36

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