Quick Summary
A Pune-based chartered accountant was ensnared in a sophisticated cyber scam, suffering a devastating loss of Rs 3.4 crore to online fraudsters. This elaborate scheme, executed via a deceptive WhatsApp group posing as a reputable British financial institution, preyed upon the victims trust by enticing them with the allure of substantial profits through block trade and upper circuit trading. The harrowing ordeal commenced innocuously when the victim, a diligent professional in the city, stumbl
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FAQ :
The chartered accountant lost £3.4 crore in the cyber fraud.
The fraudsters contacted the victim through a WhatsApp group that posed as a reputable British financial institution.
The schemes advertised involved 'block trade' and 'upper circuit trading', promising substantial profits.
The victim clicked a link on Facebook, joined a WhatsApp group, divulged financial details, installed a dubious app, and made over two dozen payments, including taking out loans.
The fraud was discovered when the victim attempted to withdraw funds and was asked to donate a portion of the money to charity, which raised suspicion.
Yes, this incident is part of a growing trend of online share trading fraud affecting the Pune and Pimpri Chinchwad regions.
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