2024-03-09 01:58:10
Tejesh Chauhan, Ghaziabad: A gang involved in fraud in the name of share trading has been exposed in Ghaziabad. Police have arrested 4 accused in the case. Along with this, 17 incidents from 6 states have been revealed. From their possession, the police recovered cash worth Rs 14.98 lakh, 1 laptop, 3 desktop computers, 8 mobile phones, 4 POS machines and stamps of 13 different firms.
cyber thug arrested
Disclosing this entire matter, Additional Commissioner of Police Crime said that between January 12 and February 9, 2024, a total of Rs 46,00,700 was transferred from a person named Piyush Verma to various accounts in the name of share trading. A case on cyber crime was registered on February 10 in connection with this incident. Police have arrested four accused. Apart from the fraud money of about Rs 14 lakh 98 thousand, the used material has also been recovered from their possession.
Used to cheat through fake share trading
Additional Police Commissioner said that the arrested accused told during interrogation that Piyush Verma, resident of Nyaya Khand-2, J-16 Sarjan Vihar, Indirapuram, was caught by cyber thugs while surfing videos related to share trading on social media. He was added to the WhatsApp group “AX68 Portfolio Investment”. Piyush Verma was connected to Telegram account -@melissa 72635 through a link of the group. He was again added to the 01vip Aangelone customer care WhatsApp group through his Telegram account.
Tips about share trading were given through these groups. In share trading, IPOs of various shares are taken at a fixed price through the platforms of various authorized companies. These IPOs are allotted through lottery. On these WhatsApp groups, cyber fraudsters lure people to do share trading on their platform by saying that. That by doing share trading on their platform, these people allot the desired number of IPOs of different companies to their customers or users.
This is how fake share trading was done
These cyber fraudsters give tips on the ups and downs of some low-value stocks on their WhatsApp groups, which they also turn out to be correct. This makes the victim trust these cyber fraudsters. Similarly, Piyush Verma also sent the link of fake share trading app on his fake app through WhatsApp group. On which fake share trading was done.
Cyber thugs have defrauded 17 people in 6 states by creating an account on their trading app and creating their own customer care WhatsApp group with the victims for share trading and depositing money on it through various fake and dummy bank accounts. They show it on share trending app and block the account created on fake share trading app and remove it from the WhatsApp group. He told that this came to light during interrogation. That these cyber fraudsters have cheated crores of rupees from 17 people in 6 states.