Davangere Doctor Loses Rs 2.4 Crore in online trading scam
Davangere: In another case of cyber fraud, a doctor from Davangere has allegedly lost over Rs 2.4 crore to an online investment scam that was promoted through Telegram, a messaging app.
The incident came to light after the doctor, hoping to earn profits through stock market investments, began chatting with unknown individuals who claimed to offer expert advice. These people convinced him to invest large sums of money, promising high returns.
Between February 18 and May 15, the doctor transferred Rs 2,40,92,150 in several instalments through online payments. However, the truth came out when he tried to withdraw Rs 5 lakh on May 11. While this amount was refunded, his attempts to take out more money later failed.
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Realising something was wrong, the doctor filed a complaint with the Cyber Economic and Narcotics (CEN) police station. As per the Udayavani news report, the police have registered a case and launched an investigation into the case to trace the fraudsters.
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