Man Duped of Rs 4.90 Lakh in Fake Stock Market App Scam in Theog

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The victim, Arun Sharma, fell prey to an online fraud involving a fake app promising stock market gains, leading to a loss of nearly Rs 5 lakh.

cyber fraud in Himachal Pradesh
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Shimla, 7 April:
In a growing trend of online frauds, a man from Theog was scammed out of Rs 4.90 lakh through a deceptive mobile application. The case, reported at Parwanoo police station, highlights the increasing risks associated with online investment schemes.

Arun Sharma, the complainant, revealed that in January, he had invested Rs 4,36,200 using a UPI ID on a mobile app called “Niji Security Limited” under the pretense of making stock market gains. The app displayed an impressive rise in his funds, showing a total of Rs 10.88 lakh after his investment.

However, when Sharma attempted to withdraw his funds on February 28, he was unable to receive any money. Distressed, he contacted the customer care number listed on the app, where he was instructed to deposit an additional Rs 54,000 to facilitate the withdrawal. Trusting the instructions, Sharma transferred the money, but once again, no funds were returned. Realizing he had fallen victim to a scam, Sharma filed a complaint with the police.

Solan SP Gaurav Singh confirmed that a case has been registered at Parwanoo police station based on Sharma’s complaint. In response to the growing number of such frauds, the police have urged the public to thoroughly research and exercise caution before investing in unknown online platforms or schemes. The investigation into the case is currently ongoing, as authorities work to track down the perpetrators.

This incident serves as a stark reminder for people to stay vigilant and avoid falling victim to fraudulent schemes that exploit unsuspecting individuals.

Kumud Sharma

https://diarytimes.com/

Continuing the achievement of the journey of effectiveness and credibility of more than 10 years in the career of journalism, as a woman journalist, I am Serving as the founder, promoter and editor of DiaryTimes with the trust and support of all. My credible coverage may not have given a big shape to the numbers, but my journey presents articles that make you aware of the exact and meaningful situations of Himachal’s politics, ground issues related to the public, business, tourism and the difficult geographical conditions of the state and financial awareness. DiaryTimes, full of the experience of my precise editorial expertise, is awakening the flame of credible journalism among all of you, so that the eternal flame of meaningful change can be lit in the life of the people of the state and the atrocities being committed against the people can be brought to the fore, I am motivated for that. If even a small change comes with the power of my journalism and the whole world becomes a witness to that issues, then I will consider myself fortunate.

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