Archive · 28 Jun 2025
Vasai Police Book Three in ₹15.4 Lakh Share Market Scam
A group of people are accused of tricking a retired stock trader and others into investing in a fake stock market scheme.
They showed the victims a demo to make them believe in the high returns.
The people running the scheme collected money but stopped giving returns and didn't give the money back.
The victims, including the main person who complained, lost a large sum of money.
Police have filed a case against the accused for cheating, breaking trust, and acting together to commit the crime.
Three individuals have been booked for allegedly defrauding a retired online trading professional and others.
The scam involved a share market investment scheme that promised high returns.
The fraud reportedly took place between January and October 2024.
Victims, including the complainant, lost a total of ₹15.40 lakh.
The accused are charged with cheating, criminal breach of trust, and acting with common intention.
- Who
- Chetan Ramdas Jadhav, Amit Sham Rokade, and Jatsna Jadhav allegedly defrauded Nagesh Siddappa Hokale and others.
- What
- Three individuals were booked for allegedly defrauding a retired online trading professional and others through a share market investment scam.
- When
- The fraud occurred between January and October 2024.
- Where
- The incident took place in Vasai, Maharashtra, and the complaint was filed at Achole Police Station.
- Why
- The accused allegedly gained trust by presenting a demo and promising high returns, then diverted funds for their investments, committing fraud.
- Accused
- Chetan Ramdas Jadhav, Amit Sham Rokade, Jatsna Jadhav
- Victims
- Nagesh Siddappa Hokale and others
- Amount defrauded
- ₹15.40 lakh
- Location
- Vasai, Maharashtra
- Charges
- Cheating, criminal breach of trust, and acts done with common intention
- Reporting Police Station
- Achole Police Station