Archive · 1 Jun 2025
Retired Lt. Colonel Duped in Investment and Banking Scam
A retired Lieutenant Colonel and another person were tricked out of a total of Rs 60 lakh in separate scams involving investments and banking.
They were lured with promises of high returns through an online trading website.
The money was transferred to various bank accounts, converted to US dollars, and used for trading on a fake platform.
When trying to withdraw the profits, the victims found they were scammed.
Police arrested three suspects, some of whom had connections with Chinese nationals.
Two men, including a retired Lt. Colonel, were defrauded of Rs 60 lakh.
The Lt. Colonel lost Rs 45 lakh in an investment scam.
Police arrested three suspects in connection with the cases.
Accused were linked to Chinese nationals.
Victims were lured through a digital gold trading website.
- Who
- Retired Lieutenant Colonel, another man, Rahim Khan, Indra Kumar Sahani, and cyber fraudsters.
- What
- Investment and banking scams.
- When
- Unspecified, ongoing investigation.
- Where
- New Delhi
- Why
- To obtain money through deception.
- Victim
- Retired Lieutenant Colonel and another man
- Amount Defrauded
- Rs 60 lakh total
- Accused Arrested
- 3
- Fraud Type
- Investment and Banking Scams
- Suspects' Contacts
- Chinese Nationals
Sources
Kolkata victims lose over Rs 78 lakh in jewellery and cyber fraud cases
Retired army colonel duped of Rs 41 lakh in digital gold scam; two arrested with alleged Chinese links
Cyber fraudsters deceive investors with fake share trading scheme
