Nagpur Trader Defrauded of ₹9.98 Lakh in Stock Market Scam
Nagpur, India: Mohammad Jabir Mohammad Sabir, aged 34, residing near Ambedkar Bhavan, Ansar Nagar, Mominpura, Nagpur, was defrauded while trading in the share market.
The accused, Nisha Patel from Delhi, holding mobile number 8125029426, conspired by using a fake link and WhatsApp group for share trading. She added the complainant to the "KKR Investment Strategy Analyst" group and convinced him to invest in the stock market, promising quadruple returns. Under this pretence, the accused compelled the complainant to buy and sell shares of various companies and transferred a total of ₹9,98,000 to her various accounts. The accused did not return the amount, resulting in significant financial fraud.
Following the complaint, Police Sub-Inspector Khan at Tahsil Police Station registered a case against the accused under sections 406, 419, and 420 of the Indian Penal Code. The investigation is currently ongoing.
