Kanpur trader loses Rs 36 lakh in name of share invetsment scheme

Times News Network
Kanpur: A Hatia-based businessman lost Rs 36 lakh to cyber fraudsters in the name of a share investment scheme. A complaint was lodged at the cyber police station against six people, including two women.
The complainant, Alok Gupta from Hatia, received a call on Sept 15 from a person claiming to be a chief investment officer of Yes Security India Limited, Amit. The caller presented it as a reputed private bank subsidiary dealing in share trading and investments by sending a purported SEBI certificate via WhatsApp for credibility.
Several people, including Aishwarya Sharma, Aaradhya Sharma, Abhishek Pandey, Aditya, Ajay Mali, and others, contacted him to establish the legitimacy of the investment opportunity. They provided a link on Sept 19 to open his trading account, where the trader began investing and trading shares. His initial success boosted his confidence.
However, when his account showed a balance of Rs 2 crore and he tried to withdraw Rs 25 lakh, he was blocked. The fraudsters cited SEBI regulations and a pending loan as reasons for preventing the withdrawal. Following their directives, he transferred Rs 35.65 lakh to various accounts between Sept 15 and Oct 20, 2024. He sensed the fraud when they demanded additional funds and approached cyber police.
Cyber station in-charge Sunil Kumar Verma confirmed that an investigation is in progress to trace the perpetrators.