An executive fell victim to investment fraud, losing Rs 31 lakh in the process. Nayanagar police are investigating the case, which occurred on January 20th when the victim received a WhatsApp message promising extra income through share trading. The victim invested approximately Rs 31 lakh between January 20 and April 20 but was unable to withdraw profits. The fraudsters demanded more money and warned against withdrawing funds until earnings reached Rs 50 lakh. The victim grew suspicious and demanded his money back, but the fraudsters stopped responding. An FIR has been registered under various sections of the IPC and IT Act, and an investigation is underway.
Mira Road Executive Falls Victim to Investment Fraud, Loses Rs 31 Lakh
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