Gangtok Doctor loses Rs 5.07 Lakh in online share trading scam
Gangtok: A doctor from Gangtok has been swindled out of Rs 5.07 lakh by a group of unknown scammers in a fraudulent stock investment scheme. The incident has been reported to the Sadar Police Station, and an investigation is currently underway.
The victim, a resident of Daragoan, Tadong, lodged a complaint stating that he was added to a WhatsApp group named "Sharekhan Club 369" without his consent. The administrators of this group, posing as representatives of the well-known stockbroking firm Sharekhan, convinced him to invest in stocks via the Pro Sharekhan app and an associated website, reports India Today.
The police have registered a case under Sections 419 and 420 of the Indian Penal Code (IPC), which pertain to cheating and dishonesty, as well as Section 66D of the Information Technology Act, 2000, which deals with cheating by impersonation through the use of computer resources. Section 419 of the IPC punishes cheating by personation. The punishment can be imprisonment for up to three years, a fine, or both. The case can be tried by any magistrate, and the person who cheated can compound the offence with the court's permission, reports the Daily. Section 420 of IPC punishes aggravated cases of cheating, such as when someone dishonestly induces another person to give up property or alter or destroy valuable securities. The punishment can be imprisonment for up to seven years and a fine.
Authorities have urged the public to be cautious of unsolicited investment opportunities and to verify the authenticity of any financial advice or investment platforms.
Medical Dialogues team reported a similar incident where a Gurugram-based doctor was allegedly cheated of Rs 50 lakh by a woman who promised high returns in a foreign currency investment.
Disclaimer: This website is primarily for healthcare professionals. The content here does not replace medical advice and should not be used as medical, diagnostic, endorsement, treatment, or prescription advice. Medical science evolves rapidly, and we strive to keep our information current. If you find any discrepancies, please contact us at corrections@medicaldialogues.in. Read our Correction Policy here. Nothing here should be used as a substitute for medical advice, diagnosis, or treatment. We do not endorse any healthcare advice that contradicts a physician's guidance. Use of this site is subject to our Terms of Use, Privacy Policy, and Advertisement Policy. For more details, read our Full Disclaimer here.
NOTE: Join us in combating medical misinformation. If you encounter a questionable health, medical, or medical education claim, email us at factcheck@medicaldialogues.in for evaluation.