Nagpur: In a significant crackdown, the Nagpur Cyber Police have unearthed a large-scale online investment fraud operated through a bogus call centre in Indore, Madhya Pradesh. The scam, which targeted over 200 individuals nationwide, came to light after a Nagpur resident was cheated of more than ₹63 lakh.
The victim, Sunil Dongare, was approached on March 5, 2024, by two individuals—Abhishek and Riya—who posed as representatives of an algo-trading company. They lured Dongare into investing ₹1 lakh by sharing fake documents, including a forged SEBI registration certificate and agreement. Gaining his trust, the accused convinced him to conduct 12 trades, promising a commission of 24.75% on profits.
Over time, Dongare transferred a total of ₹12.43 lakh into various bank accounts. When he attempted to withdraw his returns, the accused demanded an additional ₹4.83 lakh under the pretext of CGST. Believing the documents and promises were genuine, Dongare sent the amount via RTGS to an account in the name of Shubham Sengar. Despite multiple assurances, his money was never returned. In total, Dongare was defrauded of ₹63.17 lakh.
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