Pune: Two people lost Rs 6.3 lakh collectively in separate online share trading frauds between May and Nov. A 62-year-old woman from Kothrud filed a complaint with the Kothrud police stating that cybercrooks cheated her of Rs 4.
75 lakh between June and Aug, while a Kondhwa resident was duped of Rs 1.55 lakh in a similar fraud between May and Nov. An officer from the Kothrud police said according to the complainant, in June, she joined a group of investors on a mobile messenger app through a social media platform.
One person, who claimed to be the chief information officer (CIO), gave the complainant and others guidance about trading in shares, the officer said. "The woman told us that she was then told to download an app to monitor her investments," the officer said. He said initially, the woman invested some money and earned a profit of Rs 17,500.
When she asked for the profit, the amount was immediately transferred to her bank account. This was to gain her confidence, the officer said. "The woman then transferred Rs 4.
75 lakh to different bank account numbers provided to her," the officer said. He said when she asked for her profit, she was told that she had to pay interest on the profit she earned. "The woman became suspicious when she was refused the profit amount after deducting the interest.
She stopped responding to them and filed a complaint application with the cyber police," he said. The officer said after the preliminary investigations, a case was registered with t.