Lucknow Police retrieve and reimburse Rs.19 lakh to online scam victim

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Lucknow Police retrieve and reimburse Rs.19 lakh to online scam victim
Lucknow Police retrieve and reimburse Rs.19 lakh to online scam victim

The Lucknow police’s cybercrime unit on Saturday, assisted Amit Gupta, a resident of the state capital, in recovering Rs. 19 lakh of the Rs. 28.7 lakh he had lost due to a cyber scam that promised him enormous earnings from stock market trading between May and July of this year.

“The recovery was made on Friday, from the bank account of the accused. While ₹19 lakh was returned to the victim on Saturday, efforts are underway to recover the remaining amount,” said a police department press release.

According to a police officer, the scam started when Amit Gupta joined a WhatsApp group that offered phony investment plans and share market research.

Under the lure of large profits, the cybercriminals reportedly deceived him into sending ₹28.7 lakh between May 17 and July 3 of this year by posing as representatives of IIFL Securities.

In accordance with articles 318(2), 319(2) BNS 2023, and 66D of the IT Act, the cybercrime police filed a formal complaint (FIR No. 109/2024) in response to Gupta’s complaint. To solve the case, a specialized team was established.

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