Scam
Imagine trusting someone with your hard-earned money, hoping for better returns, only to realise you’ve been scammed. That’s exactly what happened to Meenu Rani, a resident of Greater Noida, who lost over Rs 51 lakh to a stock trading scam. Keep reading to know what happened and how to avoid falling for such scams.
Meenu Rani filed a complaint, claiming that a man named Hari Singh convinced her to invest in the stock market, promising three to five times returns within a month. Claiming to have 15 years of experience, Hari gained her trust through a WhatsApp group.
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A member of the group, Aarti Singh, told Rani that Hari had bought Amazon gift vouchers to help women in the group. When Rani redeemed a voucher, she actually received Rs 1,000 in her Amazon account, making her believe in Hari’s credibility.
Encouraged by this, Rani made an initial investment of Rs 50,000. She downloaded an app suggested by the fraudsters, where her investment and supposed profits started showing up. Excited by the returns, she borrowed money from her husband, mother-in-law, and relatives, ultimately investing Rs 51.50 lakh.
When she tried seeking another loan from an acquaintance, she was informed she might be the victim of a scam. When Rani demanded her money back, the scammers cut off contact.
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