Mangaluru, Jan 23: A businessman left poorer by Rs 10.32 lakh after he fell prey to the false promise of receiving expert advice on share market investments.
According to the victim, who has now approached police, he first came across an advertisement from ‘992 Stock Frontline Group’ on Facebook, enticing interested individuals to join their WhatsApp group. He joined the group, where messages related to stock investments were being shared.
Following the group admin's guidance, he registered on the online app ‘CHC & SES App’. Additionally. The admin instructed him to invest money through the app, leading to the transfer of Rs 10.32 lakh in various phases to multiple bank accounts provided by the admin.
However, he neither received the promised returns nor recovered the invested amount. Based on his complaint the CEN police has registered a case.
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