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Kalyan police constable loses Rs 76,719 in Telegram stock market scam

The Byculla police on Friday registered an FIR against unidentified persons under the IT Act and BNS for cheating and online fraud

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A woman police constable posted at Mahatma Phule Chowk police station in Kalyan allegedly lost Rs 76,719 to cyber fraudsters within 5.5 hours after being lured into a fake stock market investment scheme through Telegram. The Byculla police on Friday registered an FIR against unidentified persons under the IT Act and BNS for cheating and online fraud.

False promises

According to police, Varsha Tajne, 30, a resident of Shahad, allegedly came across a Telegram group named “Trade with Prateek Sahni” while scrolling through Facebook. The group claimed to provide information related to stock market trading. The fraudsters allegedly promised returns of Rs 60,000 on an investment of Rs 10,000 and Rs 30,000 on Rs 5000. Believing the claims, she transferred Rs 5000 to an account shared by the fraudsters.

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