A retired officer from a private company lodged a complaint at the cyber police station in Ajmer on Thursday, alleging that he was duped of more than Rs 21 lakh in a cyber fraud. The scammers lured him with promises of high returns through stock market investments.
Victim Details
The victim was identified as Moolchand Kewalani (74), a resident of Panchsheel. According to police, Kewalani received investment offers through mobile phone messages and WhatsApp.
Modus Operandi
The accused allegedly claimed to be investment associates registered with SEBI and linked to a private bank's securities firm. They persuaded him to invest in banking stocks. To gain his confidence, the fraudsters initially returned around Rs 3 lakh as profit on a small investment.
Encouraged by the apparent returns, Kewalani subsequently transferred Rs 21.37 lakh from different bank accounts as directed by the accused. After some time, when he tried to contact them regarding the investment, their mobile phones were switched off. Repeated attempts to reach them failed, leading him to realise he had been cheated.
The victim later discovered that the Rs 3 lakh credited to his account as profit was also frozen.
Investigation
Police have collected details of the bank accounts and mobile numbers used by the accused and are investigating the case.
