Noida Buisinessman Loses Rs 9 Cr in WhatsApp Trading Fraud

New Delhi: Rajat Bothra, a businessman of Noida was allegedly coned of over Rs 9 crore by cyber thugs.

According to police sources, the cyber frauds extracted the money from Bothra over a period of one month, after he got added to a WhatsApp group about stock market trading on May 1.

Bothra filed a complaint about the cheating at the Cyber Crime police station in Sector 36 on Friday. The cyber cops managed to freeze Rs 1.62 crore transacted funds.

Bothra informed police that he was added to the WhatsApp group on May 1. The group had information about profit from share market trading and since then he started small amounts of investments. By May 27, he had invested Rs 9.09 crore in share trading. However, after this, his (trading) account was closed.

During investigation it was found that the bank accounts in which the duped money was transferred are located at different places in the country like Chennai, Assam, Bhubaneswar, Haryana and Rajasthan.

A special team has been formed to investigate the case and arrest the cyber frauds involved in the racket.