Nirmal Singh, accused in police custody.
In Faridabad, an account holder has been arrested in the case of fraud in the name of investment in the stock market. The team of Cyber Police Station Central has taken action in the case of cheating of Rs 10.81 lakh. Seeing the advertisement on the victim Instagram, the thugs came under the guise.
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According to the information, the accused has been identified as 26 -year -old Nirmal Singh, a resident of Barnala district of Punjab. The matter came to light when a person from Sector-84 saw an advertisement for investment training in stock market on Instagram. He was added to a WhatsApp group, where investment training in the stock market began to be imparted.
Failed to withdraw money for profit
The victim was opened an account on an app and asked to send money to various accounts. The victim invested a total of 10 lakh 81 thousand 520 rupees. When he tried to withdraw money for profit, he could not withdraw. He then lodged a complaint at the Cyber Police Station Central.
M.Com pass is account holder
During interrogation, it was found that the accused is M.Com pass and works as a dairy. He gave his bank account to the thugs for the greed of the commission. 50,000 rupees were cheated in the account of the accused. The police have taken the accused on remand for three days.
The investigation also revealed that all the stock trading suggestions made by the thugs matched the rise of actual share prices, causing confidence to the victim.