A doctor from Rajasthan lost more than Rs 62 lakh in an online stock trading scam.
Following the money transfer, the scammers deceitfully told the doctor that his funds had been frozen and compelled him to make more deposits in order to get the money back.
According to the police, a Jodhpur neurosurgeon lost Rs 62.8 lakh to cybercriminals who enticed him with claims of large stock market investment returns. In just one and a half days, the scammers were able to siphon off the money. The doctor submitted a formal complaint at the Bhagat Ki Kothi police station after realizing he had been duped. The victim, Tejpal Fidoda, a resident of Krishna Nagar and the son of Amar Singh, received a link on January 3 inviting him to join a WhatsApp investment group and an app named SCIATOP, according to Rajiv Bhadu, in-charge of the Bhagat Ki Kothi police station.
He installed the app and joined the group after clicking the link. Three of the group's five administrators were linked to the mobile numbers 7357070457, 8624901375, and 7304417998, while two of the group's important contacts used the numbers 9973339746 and 7898103479. Niharika Tiwari and Saurabh Jain were two people the doctor regularly spoke with who purported to offer professional investment advice. They set up a private wealth group for him and gave him advice on several kinds of investments. By promising Fidoda large returns in four months, the con artists persuaded him to deposit funds into an institutional account.
They advised him to open an institutional trading account on his phone using the SCIATOP app rather than trading through his personal demat account.
The scammers urged him to invest in institutional trading, IPOs, and over-the-counter transactions by posing as representatives of the Standard Chartered Wealth Fund. They often took money out of the doctor's account while posing as this. Following the money transfer, the scammers deceitfully told the doctor that his funds had been frozen and compelled him to make more deposits in order to get the money back.
Fidoda realized at this time that he had been duped. Police at Bhagat Ki Kothi opened an investigation after receiving the complaint. According to preliminary research, the con artists used WhatsApp conversations and false trade claims to methodically win the doctor's trust. According to the police, in order to find and capture the offenders, authorities are currently monitoring the impacted accounts and mobile numbers.
Follow cyberdeepakyadav.com on
Facebook, Twitter, LinkedIn, Instagram and YouTube
What's Your Reaction?
