Cyber crime team arrested two fraudsters from Ahmedabad, Gujarat who duped 61 people to the tune of Rs 65 lakh in the name of making good profits in daily trading from a fake app in the stock market.
The accused would contact the people by giving advertisement in trading in the stock exchange on just dial and whatsapp and social group by the accused.
By luring people to make profits in trading in the stock market, by sending a link to a fake app, they download the app they would send the user ID password of the fake app to the complainant. The app contains commodity information and buying and selling information. Due to which the complainant starts believing in them.
By asking the accused to trade in that fake app, they get money in the account given by them and which starts appearing in that fake app.
The complainant starts trading in that fake app and the complainant starts showing good profits in the app and would ask the complainant to invest more to earn more.
Later when the complainant asks to return his money his trading account of the complainant would be closed.
Police took action after Darshan Garg of Vijaynagar Lalghati Bhopal lodged a complaint in Cyber crime branch Bhopal that the applicant would got a call for daily trading. After downloading the fake app of Shiv Investment Company, he used to start the account in it and was later duped to the tune of Rs 63000.
In the action 6 mobile phones, 3 ATM cards used in the crime have been confiscated from the accused identified as Kartik Darji and Harshil Panchal of Ahmedabad.