Scam Alert: Greed is Sin ! Profit of 40K leads to loss of 3 crores

Noida: People living in Noida are the most targeted by cyber lawbreakers. The latest case happened with a woman entrepreneur living in Sector-122 of Noida. This woman entrepreneur has been cheated of three crores. The victim Jeevan Jyoti Bhardwaj had fallen into the trap of making big profits through investment in the stock market and IPO. She had to suffer huge losses. At this time she also went into mental stress due to the incident.

What is the whole matter?

The whole matter started in May 2024 when Jeevan Jyoti Bhardwaj received a WhatsApp message, promising to earn good profits by online trading. She was added to a WhatsApp group and later induced to download an alleged trading app.

Initially, there was a profit of 40 thousand

Initially, Jeevan Jyoti Bhardwaj invested one lakh rupees and got a profit of Rs 40,000. Encouraged by this, she continued to invest. The fraudsters also persuaded her to invest in the IPOs of several companies, promising huge profits.

Investment of Rs 3 crore 15 lakh 80 thousand

The criminals gave online lectures to increase their credibility and provided detailed information about the companies. Jeevan Jyoti Bhardwaj invested a total of Rs 3 crore 15 lakh 80 thousand. When she tried to withdraw her money, the criminals demanded an additional 20% fee. When Jeevan Jyoti Bhardwaj refused, her trading account was closed. The victim has complained to the cyber crime police station and the police are investigating the matter. This incident underlines the need to be cautious about online investment schemes.

More articles ―

Get the latest news

Stay up to date with all of our posts and content and see what the latest venues are throughout the entire East Coast of the United States of America