An online app, Rs 1.75 crore, 9 states… How was a retired professor cheated in Indore?

An online app, Rs 1.75 crore, 9 states… How was a retired professor cheated in Indore?

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Cases of online cheating are constantly coming to light in Indore, Madhya Pradesh, these days. Recently, a retired professor complained to the Indore Crime Branch, in which he told that he had received a call from an unknown number. In this call, an offer was made to invest in share trading. The fraudsters said that if they invest a certain amount, they will get good profits.

Since the retired professor had a lot of money after retirement and had also made different savings, he believed this offer and invested Rs 1 crore 70 lakh in share trading. After this, the fraudsters also gave him an online app, in which the professor realized the increase in his investment. When his investment doubled in a certain time, the professor tried to withdraw the profit, but he could not. After this, the professor contacted the person who called, but that person had switched off his phone. Then he realized that he had been cheated. After this, he complained about the entire incident to the Indore Crime Branch.

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Transferred to banks in 9 states

Indore Crime Branch immediately started investigating the matter and found that the accused had transferred Rs 1 crore, 70 lakh, from the retired professor to the accounts of various banks located in 9 states. After this, the Indore Crime Branch has put a stop to the amount transferred to these banks, and the matter is being thoroughly investigated. The police have also received information that the banks to which the accused have transferred the money may be rented accounts.

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Need to be careful

In this case, the police are now trying to reach these bank account holders, and more revelations are expected to be made in this matter soon. Let us tell you that many cases of online fraud have come to light in Indore earlier also. Indore Crime Branch Police keeps issuing advisories from time to time regarding online fraud; despite this, the criminals are committing incidents of fraud.