An officer from the Pimpri Chinchwad cyber police said in Sept, the victim was added to a group of investors on a mobile messaging app. The victim did not suspect anything about the group as it had a name similar to a prominent investment company. “The crooks assured him over 15% profit on his investments in the shares through their firm,” the officer said.He said the victim accepted their offer and downloaded an app to trade in the shares and monitor his profit. “Between Sept and Nov, the victim transferred amounts to different bank accounts,” he said.The officer said the victim was seeing a good amount of profit on his investments on the application. To withdraw his money, the crooks told the victim to purchase IPOs. “In total, the victim transferred Rs 98 lakh to different bank accounts. He realised that he was being duped when he was not able to withdraw his money. He then stopped responding to them and approached the police,” the officer said.
