The B-Division police in Amritsar have registered a cheating case against the owner of a Dubai-based investment platform for allegedly defrauding two local residents and their relatives of approximately Rs 24-25 lakh. The accused promised lucrative returns on investments through the platform, named Bot Bro Company.
Complaint Details
According to the police, the complainants—Tanvir Singh and Karmbir Singh, both residents of Ganda Singh Colony on Tarn Taran Road—stated that they, along with family members and friends, were persuaded to invest money in the Dubai-based firm. The accused allegedly executed a well-planned conspiracy to cheat them of the substantial sum.
An FIR has been registered under Section 318(4) of the Bharatiya Nyaya Sanhita (BNS), which pertains to cheating and dishonesty. The case was initiated following an inquiry conducted on a complaint submitted to the Amritsar Police Commissionerate.
Investigation Underway
Police officials confirmed that they are investigating the matter thoroughly. The accused, who operates from Dubai, has not yet been apprehended. Authorities are working to trace the funds and identify any other potential victims.
This case highlights the growing threat of online investment scams, where fraudsters lure individuals with promises of high returns and then disappear with the money. The Amritsar police have urged the public to exercise caution when investing in unregulated platforms.
