Cyber Police Kashmir (CPK) on Wednesday said that they have saved Rs. 18 lacs which was lost in a fake investment scam.
Cyber Police Station Kashmir Zone Srinagar said that they had received a complaint from a resident of Bandipora stating therein that he had been cheated for an amount of Rs. 18lacs by the fraudsters in an online investment scam.
“The complainant received a link of fake investment website on his cell number wherein he was promised to get double monetary benefits. The victim fell prey and accessed the website where he get himself registered on said website by opening of e-wallet,” CPK said in a press statement.
CPK said that after registration, victim was made to transfer the hefty amount of Rs. 18lacs in the said wallet through various UPI transactions.
“The victim after depositing the said amount was unable to get benefits and was also not able to withdraw his own amount from the said wallet. The complainant tried hard to reach out on available contact details of said company but all in vain,” CPK said.
CPK said that the complainant approached Cyber Police Kashmir Zone Srinagar for redressal of his grievance. Subsequently, the matter was taken up with bank authorities to ascertain the details of UPI transactions.
“During analysis of transactions, it came to fore that the said amount has been transferred through payment gateways into their PayTm Nodal Accounts. The strenuous and timely intervention by the team of Cyber Police Kashmir Zone Srinagar, the payment of Rs. 18lacs was put on hold and later on refunded the whole amount into the complainant’s bank account,” CPK said.
CPK said that it is a new trend for online influencers to convince gullible citizens about “double money return” schemes and make people feel bad about missing the “opportunity” of investing in instruments like crypto-currency, binary trading, crypto mining, online betting and gaming.
CPK said that the general public is once again advised not to believe in such fake links and websites and avoid transferring any amount in any form as they are entirely fake.
“Community members have hailed the prompt action of Cyber Police Station Kashmir Zone Srinagar in tracing and saving the hard earned money of the complainant,” CPK said.
