A software professional was cheated to the tune of Rs 86 lakh by cyber criminals posing as executives of a Mumbai-based forex trading company, who promised him high returns on investment in the foreign exchange market through their “company”.
A First Information Report in the case has been registered by the 48-year-old complainant who works for a multinational software firm in Pune. The complainant recently approached the cyber crime cell of Pune City Police and after a preliminary inquiry, the FIR was registered at Hinjewadi police station on Monday.
In November 2019, the complainant was approached by some people who claimed to be executives working for a forex trading company in Mumbai. In their communications through email and phone, they presented to him prospects of investments in the foreign exchange market.
Sub-Inspector Ajit Kakde, who is investigating the case, said, “The complainant was promised high returns. On some of the initial investments, he did get some returns. However, after some time, the fraudsters stopped making payments and stopped responding to his calls and emails. After making several attempts to get in touch with them, he visited the address as given in communications by the suspects. The complainant found that no such company existed at the address in Mumbai.”
The software professional has made at least 35 transfers to the suspects totalling more than Rs 86 lakh over a period of several months. “We have launched a probe into the email addresses, phone numbers and bank accounts used by the suspects,” added Sub-Inspector Kakde.