25 views 2 mins 0 Comment

TN cyber police cautions people not to fall prey to online scamsters

- May 27, 2024

Chennai, May 27 (BPNS)

The Cyber wing of Tamil Nadu police have cautioned people on online scamsters who are luring gullible people to part with their money.

The police in a statement on Monday informed people not to share the bank credentials and other details to anyone who contacts them through phone calls or online chat.

Recently a school teacher from Ambattur in Chennai fell to an online scam after she invested an amount of Rs 20 lakhs believing a whatsapp message she received. She was asked to invest an amount of Rs 5 lakh to start with and after a few trading she received a ‘profit’ of 78,000 rs and the scamsters asked her to invest more money so that she could reap the benefits of the boom in the stock market.

The teacher invested around 20 lakhs and found that even after several attempts she could not withdraw her money. She filed a complaint with the Chennai Cyber crime branch who registered a case under IPC sections 419 and 420 and Section 66 of the IT Act.

A software engineer from T- Nagar in Chennai has also fallen prey to the scamsters. He invested around 65 lakh rupees but lost the entire money in an online scam similar to what was narrated by the lady teacher.

Cyber crime police officials told BPNS that people have to be cautious in investing their hard earned money by believing such scammers. He also said that trading should be done with registered and credible online stock broking firms to ensure that their money was safe.