Cyber ​​criminals cheated Rs 1 crore 97 lakh from a company official by luring huge profits in the stock market. On the complaint of the victim, the police station cybercrime police have registered a case and started investigation.

DCP Cybercrime Preeti Yadav said that Sandeep Jain, a resident of Oasis Homes Society of Greater Noida, who is an officer in a bike manufacturing company, has filed a report of cyber fraud.

According to the victim, on June 15, he received a message which claimed that investing in the stock market will get a big profit. Initially, Sandeep Jain contacted the message and contacted him to get information related to investment. He was linked to a stock trading group. In this group, there were talks about earning profit of millions in the stock market and people who described themselves as experts were training them.

Invested Rs 1.97 crore in 14 times

On June 23, an online form was filled for investment and on 25 June an app was asked to download. After opening an account on the app, the victim invested a low amount. Initially, he was confident of showing the profit and gradually he invested Rs 1.97 crore in a total of 14 times.

The victim was shown on the app that his amount has reached crores of rupees. But when he tried to withdraw his money, the accused pressured him to submit more in the name of Rs 1.65 crore tax. Sandeep was suspicious of this and refused to give further money. After this, the accused broke into contact with him.

The police have registered a case on the basis of the complaint and technical teams have been deployed to identify and catch cyber criminals.