Thiruvananthapuram Cyber fraudsters have formerly again conned four people then of Rs1.90 crore by promising huge profits through online share trading. A 49- year-old Kanniyakumari native abiding at Pangappara near Sreekariyam suffered the most, losing Rs1.44 crore in a single go. He was conned into joining WhatsApp groups, Tata Investment Club and Share Boost, and installing an app on his mobile phone for trading shares online. Another resident of Sreekariyam, a 48-year-old man living at Mankuzhy, lost Rs 17 lakh.
He was made to join the WhatsApp group, Stock Vanguard. A man abiding at Kallattumukku in Manacaud lost Rs 27 lakh, and another 47- year-old resident of Gandhipuram, Sreekariyam, was made poorer by Rs 2 lakh. All four men had fallen for online advertisements offering an easy way to make money. They were asked to register themselves once they clicked on the links provided in the advertisements.
They were latterly instructed to join certain WhatsApp and Telegram groups, and to install an app. The messages were participated to win the trust of other credulous members. The men invested huge amounts trusting the messages. Though the installed app showed their investment had multiplied, they couldn't withdraw the money. latterly they were told to deposit money to a specified account to withdraw the profits.
The men lost further money when they deposited as told. The police have registered a case grounded on the four complaints.