Daijiworld Media Network – Mangaluru (MS)
Mangaluru, Aug 18: A man has been defrauded of Rs 34.5 lac by online scammers who promised substantial returns on share market investments.
The victim discovered a link on Instagram on July 1 and downloaded the associated application. Shortly after, he was contacted by individuals through a chat box who persuaded him to invest in the share market, claiming he would receive significant profits.
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From July 1 to August 12, the victim invested a total of Rs 34.5 lac through various transactions. When he later attempted to withdraw his funds, the scammers demanded a 20% tax.
Despite the victim's repeated efforts to recover his investment, he was unsuccessful and has now filed a complaint with the cyber police.