Srinagar: Cyber Police Kashmir has returned Rs 18 lakh lost by a man in a fake investment scheme.
As per a Cyber Police spokesman, Cyber Police Station Kashmir Zone, Srinagar received a complaint from a resident of Bandipora stating that he had been duped for an amount of Rs 18 lakh 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 spokesman said, adding the victim fell prey and accessed the website and opened an e-wallet.
The victim was made to transfer hefty amount in the said wallet through various UPI transactions. After depositing the amount, he was unable to get any benefits, nor was he able to withdraw his own amount from the said wallet, the spokesman said.
After the complainant approached Cyber Police, 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 ₹18 lakhs was put on hold and later on refunded into the complainant’s bank account,” the spokesman said.
Cyber Police Kashmir warned 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.
It advised people to not believe in such fake links and websites and avoid transferring any amount in any form as they are entirely fake.
