A 60-year-old businessman from Mira Road has fallen prey to a sophisticated cybercrime. The victim, who operates a printing equipment repair shop in Borivali, lost a staggering Rs. 22 lakh to fraudsters posing as stock market experts.
The ordeal began when the businessman joined a WhatsApp group that promised lucrative stock trading tips. Over a two-month period, he transferred a total of Rs. 22.60 lakh to various bank accounts as instructed by the group’s administrators. Despite seeing a virtual fortune of Rs. 1.80 crore reflected on the trading platform, he was unable to withdraw any funds.
Realizing he had been duped, the victim approached the Naya Nagar police station to file a complaint. The police have initiated an investigation into the matter, registering a case against the cybercriminals involved in the scam.
This incident serves as a stark reminder of the increasing prevalence of online financial fraud. It is essential for individuals to exercise extreme caution when dealing with unsolicited investment opportunities and to verify the authenticity of any platforms or individuals involved.
The police are urging the public to be vigilant and to report any suspicious activity to the authorities immediately.
