The City Cyber Crime police are on the look out for a gang of online fraudsters, who made Nishanth, an IT employee from Vellalore, to invest Rs 7 lakh and duped him.
Coimbatore: Nishanth, who is native of Vellalore in Coimbatore is a software engineer, working in a private firm. He has planned to do part-time work for additional income.
In this scenario, he came across a catchy SMS on his mobile. The online scamsters have sent him a link, through SMS on his mobile phone. When he clicked on it and logged into the website, Nishanth was informed about online investments that can fetch high returns on low investments.
Nishanth was asked to buy goods sold on a popular e-commerce business site and sell them to someone else on the same website. He also made his first investment of Rs 600 on the e-commerce website.
Subsequently, he was given a profit of Rs 400 and a refund of Rs 1,000. Nishanth, who was lured like this went on to invest a total of Rs 5 lakh as the first instalment. It is learnt that he borrowed more than Rs 2 lakh from his friends and invested a total of Rs 7 lakh.
At this stage, there was no response from scamsters to the money invested and the profits and the investment amount were also not returned. Suspecting that he was duped, Nishanth, lodged a complaint with the Cyber Crime Police in Coimbatore city.
Based on the complaint, the police registered a case and started the investigation which revealed the spurious nature of the online investment scam.
The cyber cell police have advised the public not to rely on such attractive advertisements and also directed those who have been duped should immediately report to the Cyber crime Police number 1930.