On WhatsApp, man lured to invest in shares, loses 1 crore

Noida: A resident of Noida was cheated of over Rs 1 crore by fraudsters, who lured him into making stock investments. The complainant said he was scammed by at least four fraudsters who added him to WhatsApp groups between April and June.
In an FIR filed with the Cyber Crime police station on Sept 22, the complainant, son of a retired professor, said that he was first added to a WhatsApp group called "The Vanguard Group Investment Club 140", managed by someone named Kuldeep Khanapurkar, and an assistant, Priya Sharma.On their advice, he transferred a total of Rs 91.8 lakh to different bank accounts.
However, when he tried to collect his profits, the suspected fraudsters did not allow him to withdraw his alleged gains. Instead, they began to offer more high-profit opportunities which he invested in, but did not see any money in return.
The complainant said he was similarly added to another WhatsApp group called "Wealth Storm Plan 928", managed by Dev Vyas and an assistant, Sunita Singh. The fraudsters here convinced him to invest Rs 10 lakh in high-profit IPO opportunities.
On the basis of his complaint, a case has been registered under sections 419 (punishment for cheating by personation) and 420 (cheating and dishonestly inducing delivery of property) of the BNS, and section 66 D (punishment for cheating by personation by using computer resource) of the Information Technology Act. Further investigation in the case is underway, said police officials.