Raipur: A case of major cyber fraud in the name of investment in stock market and IPO has come to light in Raipur. Let us tell you, the swindlers cheated a businessman and his known investors of a total of Rs 84 lakh 63 thousand by luring them with higher profits. After receiving the complaint, Devendra Nagar police station has registered a case against unknown accused and started investigation.
Betrayed to get good returns in IPO
According to the information received from the police, Avinash Lokhande, resident of Devendra Nagar, does business related to the stock market. He told that during the year 2025, some people contacted him through WhatsApp. During this, the accused described themselves as investment experts and claimed to get good returns in a short time in share trading and IPO.
connected to online trading
Initially the thugs connected Avinash to an online trading platform and asked him to invest small amounts. Meanwhile, he won their trust by showing profits in the initial investment. After this, the accused promised to provide special category IPOs at a lower price and asked to invest more money.
Along with Avinash, some investors known to him also believed in this proposal and on the instructions of the accused, everyone transferred lakhs of rupees to different bank accounts. Investors expected that they would get a large number of shares and good profits in the IPO. Due to this greed, investors deposited a total of Rs 84.63 lakh in various accounts.
mobile number switched off
However, after depositing the amount, neither did anyone get the allotment of IPO nor was the invested amount returned. When the victims tried to contact the accused, all their mobile numbers were found switched off. Apart from this, the online platform through which investments were being made was also suddenly closed.
Complaint lodged with police
During this period, as soon as Avinash realized that he was being cheated, he immediately lodged a complaint with the police. Let us tell you, after the complaint of the businessman, the police is busy identifying the accused by collecting information about bank accounts, mobile numbers and digital transactions. In the preliminary investigation, this entire matter is being considered as a well-planned conspiracy.
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