Noida Residents Lose Rs 1.4 Crore to cybercriminals in Stock Market Scam

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Noida Residents Lose Rs 1.4 Crore to cybercriminals in Stock Market Scam
Noida Residents Lose Rs 1.4 Crore to cybercriminals in Stock Market Scam

Cybercriminals defrauded two people in Noida out of over Rs 1.40 crore by promising huge gains on stock market trades, according to police on Monday.

The victims, according to Preeti Yadav, Additional Deputy Commissioner of Police (Cyber Crime), are a man and a woman who have each filed separate complaints.

Yadav stated that Trishala, a resident of Sector 75’s Golf Avenue Society, submitted a case to the Cybercrime Police Station last night, alleging that she had been invited to the BlackRock Stock Club WhatsApp group a few months prior.

According to Trishala, one of the women in the group informed her about investing in the stock market and persuaded her to download an app to her phone.

The officer said that she had first seen a few returns on the investments she made and that she eventually decided to contribute Rs 1 crore since she had grown to trust the system.

However, the lawsuit claims that the accused rejected Trishala’s request to get her money and removed her from the organization.

According to Yadav, the police are looking into the accusation and have filed a case.

In a related incident, Sector 16 resident Rohit Chawla reported yesterday evening that he had been defrauded of Rs 40.70 lakh to the cybercrime police station.

The police are looking into the matter, the officer said, and they have filed a report.

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