A complaint has been filed with the Lakadganj police station.
How the scam started?
The ordeal began with Mishra getting a friend request from Jesleen Prasad – the accused on Facebook. It was followed by an offer to trade in the New York Stock exchange.
Prasad told him about the portal – newyorkstockexchangev.top through which he can invest in the stock exchange. To gain Mishra’s trust, Prasad showed him screenshots of other investors’ successful trades on Facebook.
Mishra was promised a return of 10x
Later, Mishra shared his bank details and was given a login ID to trade. In a statement to police, Mishra said that he started investing small amounts of money. He said that in mere 10 minutes, his Rs 50,000 investment appreciated to Rs 1.42 lakh. And the money was promptly remitted to his bank account too.
With in a week, he was given an offer to invest Rs 30 lakh with the promise of 10x profit. He was told to share 10% of the profit with the operators in exchange.
In 10 minutes the entire amount was wiped out. When he called Jesleen, he told Mishra that the losses occurred because he did not follow the instructions properly.
He was given another offer to invest Rs 57 lakh with the promise of 10 time gains. This time Mishra remitted the amount and made a profit of Rs 8 crore as shown by the trading screen.
However, when he asked for transferring the amount in his bank account, Mishra was told that a security code is required for which another Rs 82 lakh was needed to be paid. By that time, Mishra had filed a police complaint.
How to stay safe?
- Thoroughly research about the trading platform and company. Look for reviews, regulatory compliance, and track records.
- Check the official website and contact details of the trading platform.
- Beware of unrealistic promises. If it sounds too good to be true, it probably is.
- Ensure the website uses HTTPS and has a secure connection.
- Check for any red flags. Be wary of pressure to act quickly, requests for personal information, or demands for payment.
