A person from Lalbaug has been cyber-frauded by two different gangs on the pretext of promising good returns on investment. The complainant, who is a retiree, has been cyber-frauded to the tune of INR 2.6 crore. The accused committed this fraud by asking to download a fake mobile application and also in the name of investing in the capital market. The complainant has filed a complaint with the cyber police in this regard. Based on that complaint, the Central Regional Cyber Police has registered a case and the police are investigating through bank transactions.
There were 102 other members and the group admin in that group, including the complainant. Daily information regarding shares was being provided in this group.
The admin in the group was advising the members on investing in the share market. He became interested in investing in the stock market as he learned about the benefits of investing in certain stocks and which IPOs were profitable. So, he discussed it with the admin and was sent a link. After that, he joined another WhatsApp group. In that group, the complainant was asked to download the Kuvera application through the link. Through that, the complainant opened a demat account. After that, two advisors named Rituja Lad and Nilabh Sanyal were contacting the complainant. As per their guidance, the complainant was investing. The complainant invested INR 56 lakh 20 thousand.
During the same period, the complainant saw an online advertisement in the name of UTI Capital. When the complainant clicked on it, he was added to a group called UTI Capital Storm. The complainant was then asked to open an OTC account by sending a link. The complainant was advised by persons named Sanya Kapoor and Imtiazur Rehman there for investment. As per their advice, the complainant deposited 2 crore 7 lakh 92 thousand rupees in various bank accounts.
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After earning significant profits through stock market investments, the complainant decided to withdraw a portion of the amount on July 29. Upon reaching out to Kuvera application consultants, identified as Lad and Sanyal, he was told that withdrawal would be possible only after paying a 5% fee.