Edited by : Samta Barnali Achintya Updated Jun 2, 2024 | 06:12 PM IST Noida man lost over Rs 9 crores in WhatsApp trading scam (iStock)WhatsApp, trading fraud : Amid rising cases of WhatsApp group investment scams, a businessman from Noida has lost over Rs 9 crores in yet another incident.
According to a PTI report, on May 1, Rajat Bothra, a resident of Noida sector 40, was added to a WhatsApp group related to stock market trading.
The group informed Bothra about profits from share market trading, which attracted him to start small investments.
The group had information about profit from share market trading and since then he started small amounts of investments.
By May 27, he had invested Rs 9.09 crore in share trading.
Edited by : Samta Barnali Achintya Updated Jun 2, 2024 | 06:12 PM IST Noida man lost over Rs 9 crores in WhatsApp trading scam (iStock)
WhatsApp, trading fraud : Amid rising cases of WhatsApp group investment scams, a businessman from Noida has lost over Rs 9 crores in yet another incident.
According to a PTI report, on May 1, Rajat Bothra, a resident of Noida sector 40, was added to a WhatsApp group related to stock market trading.
The group informed Bothra about profits from share market trading, which attracted him to start small investments. By May 27, Bothra invested Rs 9.09 crore in trading. However, his trading account was subsequently closed.
Assistant Commissioner of Police (Cyber Crime police station) Vivek Ranjan Rai stated that, "Bothra informed police that he was added to the WhatsApp group on May 1. The group had information about profit from share market trading and since then he started small amounts of investments. By May 27, he had invested Rs 9.09 crore in share trading. However, after this, his (trading) account was closed," as cited in a PTI report.
Police is currently investigating the case. Meanwhile, on Friday, an FIR was lodged at the Cyber Crime police station in sector 36 and Rs 1.62 crore transacted funds have been frozen in the businessman's account.
"When we got the complaint, we immediately started an investigation and so far we have managed to get Rs 1.62 crore in his bank account frozen," Rai said.
The investigation revealed that the duped money was transferred to bank accounts in different locations, including Assam, Bhubaneswar, Chennai, Haryana, and Rajasthan, the ACP stated, as cited in a PTI report.
Additionally, a special team has been formed to investigate the case and apprehend the cybercriminals involved.
How to report online crimes
The police urged the general public to stay vigilant against emerging online crimes and to contact them promptly via the central helpline number 1930, emergency number 112, or the cyber desk at local police stations.
