Jagran correspondent, Noida. In the name of increasing side income, cyber thugs cheated Rs 36.42 lakh from a businessman living in Greater Noida. The victims came in contact with the thugs through messages received on WhatsApp. The fraudsters promised to earn up to 30 percent profit by investing in the stock market.
By believing, the victim transferred the amount 14 times. Due to a profitable deal, the victim also sold one of his houses, but when the amount along with the profit was not visible on the app, the victim realized that he was being cyber-frauded. The victim complained to the cyber crime police station on Monday.
Vijay, a resident of Greater Noida Pai Ek, runs a factory manufacturing plastic goods. He is also interested in stock market. He came in contact with a woman named Vartika Anand in December 2025. The woman described herself as an expert in the stock market. By joining Venture Security Group under his own direction, he claimed to get 30 percent profit by investing the money.
The woman registered by sending the link of the app to the businessman's mobile. The businessman invested seven thousand rupees on December 12 and made a profit of five thousand rupees within a day or two. The businessman became confident when the money was transferred to the bank account. Then what was left As she kept saying thug. He continued doing business anyway.
Till January 9, the businessman transferred Rs 36.42 lakh 14 times to different bank accounts specified by the swindlers. Portfolio worth more than Rs 80 lakh started appearing on the app. When the businessman tried to withdraw the entire amount, the swindlers asked for more money in the name of tax and transfer fees.
The businessman became suspicious. The thugs broke contact when they asked for money. The victim got upset and complained to the NCRP portal and the cyber crime station police. Cyber crime station in-charge Vijay Singh Rana said that action will be taken after investigation on the complaint of the victim.
Do not transfer money on the request of strangers
DCP Cyber Security Shaivya Goyal said that cyber thugs are cheating in the name of stock market investment. Avoid transferring money at the request of strangers. In case of fraud, immediately complain to the police. Complaining with complete information in the initial golden hour has a higher chance of freezing the amount.