Not only WhatsApp groups, but fraudsters are active on Instagram as well. According to a report, on March 15, a woman was using Instagram when she came across an ad about share trading. This ad was promising huge earnings.

Now in the last few weeks, many cases of stock trading scams have come to light. Dozens of people have talked about losing their money after joining a finance group on WhatsApp. These groups used to ask people to invest money in the stock market, but in the end, people suffered losses. In most cases, people are trapped by talking on WhatsApp, but it seems that these scammers try to cheat people not only through WhatsApp but also in other ways. Recently, a woman from Mangaluru lost Rs 74.1 lakh in online stock market fraud.

What is the matter?

Not only WhatsApp groups, but fraudsters are active on Instagram as well. According to a report, on March 15, a woman was using Instagram when she came across an ad about share trading. This ad promised huge earnings. The woman was lured into earning good profits and she clicked on the ad. After clicking, she was taken to a page providing information about share trading.

A phone number was also given in that advertisement. The woman messaged on that number just to get information. Soon she received a message from an unknown person on WhatsApp. The person seemed to be very knowledgeable and trustworthy about the stock market. He sent the woman a link, on clicking which she was added to a group named "D101 Artemis Seminar Group".

Caught in such a trap

In that group, the woman kept getting continuous information and updates about the stock market, which looked real and profitable. On April 25, she was sent another link through which she could open her stock market account in a company named "Artemis Profit Trading". The fraudster also told her that the more money she invests, the more profit she will make. This is a common trick of fraudsters, through which they trap people to invest more and more money.

This is how I invested 73.6 lakh rupees.

Initially, the woman was a little cautious and invested only Rs 10,000. But gradually, lured by the promise of more money and the sweet talk of the man, she invested more money. Between March 15 and July 4, she deposited a total of Rs 73.6 lakh in different bank accounts several times. Not only this, she also gave Rs 50,000 directly to the "Artemis Profit Trading" company.

could not withdraw money

The woman came to know that it was a fraud when she tried to withdraw her money. She tried several times but could not withdraw her money. After realizing this, the victim immediately informed the Cyber ​​Crime and Economic Offenses Wing (CEN) about the incident. At present, the matter is under investigation, but this incident reflects the increasing cases of online fraud and shows that internet users need to be more cautious.