By Admin 
Share market fraud: Cases of fraud in the name of stock market are constantly coming up. A similar case has now come up from Noida, in which a businessman has been cheated by a businessman in the name of investment in the stock market. He was given a link to some fake websites by showing the greed of high returns on investment in the stock market.
These links made for investment
According to media reports, the person living in Sector 44 of Noida received a call from a woman on January 27, who called her name Rishita. The woman somehow persuaded them to invest through catalystgroupstar.com and pe.catamarketss.com. Both links redirected them to the second portal M.Catamarketss.com.
Continuing investments
The victim initially invested Rs 1 lakh from his sister’s account on 31 January. A day later, he received the news of a profit of Rs 15,040. They withdraw this money. Now his trust in the scheme increased further. He was so excited by this profit that till February continuously investing in this scheme continuously. Based on the instructions given by Rishita, she invested a total of Rs 65 lakh in different accounts. He was assured that his investment has increased to Rs 1.9 crore.
Every time money started asking for money
However, to withdraw this money, they were first asked to pay Rs 31.6 lakh as tax. He also deposited these money at the beginning of March. After this, the fraudsters asked for a separate Rs 18.6 lakh in the name of release of funds within 24 hours. Despite paying, neither he got his investment amount nor got the profit amount. Instead, the fraudsters asked for 40 lakh rupees from them. Now he started to suspect that something wrong has gone to him.
Further investigation continues
After this, he lodged a complaint with the National Crime Record Bureau and Cybercrime Police without delaying a minute. A case has been registered under Section 318 (4) (fraud) and 319 (2) (identity) of the Indian Code (BNS) and Section 66D of the IT Act. Officers are now investigating the matter.
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