Crackdown against Amritpal day 3: Locals feel situation peaceful but retailers complain of loss to business in Punjab
In no way is the attack on PM, BJP an 'attack on India': Rahul Gandhi retorts amid row over UK remarks
PM Modi, Japan counterpart discuss ways to strengthen peace and stability in Indo-Pacific, reliable supply chains in semiconductors
Nikki murder case: Delhi court calls IO with case diary, extends judicial custody of accused for one day
Women's World Boxing Championships: Sakshi Choudhary advances to quarterfinals in women's 52 kg category
Cancel policies of "illegally appointed" VCs in Bengal universities: BJP chief to Dharmendra Pradhan
Congress leaders will fight elections unitedly, says Rahul Gandhi in K'taka, slams BJP govt over corruption
Police register case against Kerala Congress chief K Sudhakaran following his speech last week in front of Kochi Corporation
Vadodara trader cheated of ₹2 cr on promise of high returns from stocks, forex, Bitcoins
Vadodara: Investing in stocks, bitcoin, forex? Beware of fraudsters! A Vadodara trader has lost Rs 2.08 crore in the lure of getting 25% returns on investment.
He was cheated by 12 swindlers in the name of investing in the stock market and Bitcoin. The Cyber Crime Police Station is investigating.
An investor living on Bil Chapad Road in Vadodara was approached by 12 people on social media to start trading in the stock market, IPOs, forex and Bitcoin.
They made him transfer more than Rs 4 crore and returned Rs 1.96 crore and didn’t give the remaining Rs 2 crore. The youth lodged a complaint at Cyber Crime Police Station and the police started investigations.
Dhruv Vipulbhai Shah, who hails from Dhandhuka in Ahmedabad district, trades in the stock market. Last October, he saw an advertisement on social media, asking people interested to start their own business in stock market, IPO, forex and Bitcoin to click a link.
When he opened it, a channel called Mahadev Books opened and it said that if you invested Rs 10 lakh in the stock market, you will get 25% return per month and 15% in case of investment of Rs 1.5 lakh.
The youth expressed interest to invest Rs 2.5 lakh and gradually talked him into transferring Rs 4 crore in different accounts. He took money from relatives to invest the money between October 2020 and May 2021.
He transferred the money from his accounts in HDFC Bank, AU Small Finance Bank and Bank of India. He also transferred money from his mother’s HDFC Bank, ICICI Bank and Bank of Baroda accounts.
By the time Shah realised he was being cheated, the accused had stopped taking his calls and then blocked his number.