Techie Caught in Easy Money Scam: 34L Wiped Out

techie loses 34l in online trading scam

A recent incident of fraud has gone viral, where a 40-year-old Bengaluru techie has fallen prey to an extensive share trading scam, leading to him losing Rs.34 Lakhs of his hard-earned money.

The incident came to light after the man filed a complaint with the Hadapsar Police on Tuesday.

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The man reportedly was made a part of a messaging app, where the admin claimed to be a share broker from a prominent company to gain the victim’s trust.

After multiple promises of investing in IPOs, the man sent a net total of Rs.33.75 Lakhs to six different bank accounts.

The victim realised his blunder after his request to sell some of his ‘shares’ was outright denied by the admin.

The public needs to understand that there is no such thing as quick money. If these incidents keep happening even after so many of them are highlighted in the news, then it only reveals the fact of ever-increasing greed in society.

The responsibility shall be shared between both the public and the authorities to pull these scammers out from the root.

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