Raipur: After the retired BSP officer, this time a retired employee of Bank of Baroda was duped into downloading Apollo Global Management Trading App for share trading and swindled Rs 1 crore 58 lakh in 15 installments. On the report, Bhilai Nagar police has registered a crime under section 420 and is investigating the case.
Bhilainagar police said that Suresh Chidambaram (60 years), resident of Aamdi Nagar Hudco Sector, is retired from Bank of Baroda. Two months ago on March 25, he received a link on his WhatsApp from an unknown number, on opening which his number was added to a WhatsApp group. Through that group he got acquainted with a person named Bava Singh. Bava Singh asked him to join an online trading school through the app, where another person named John Peter Hasman gave information related to the stock market. He also told that he was registered with SEBI.
The applicant was shown a total profit of Rs 7 crore 7 lakh deposited in the app. When he tried to transfer some of that amount to his bank account, the money was not withdrawn. On this, he contacted Bava Singh and the customer service department of the app. He asked him to deposit Rs 79 lakh 68 thousand. Apart from this, he refused to deposit the money. He then asked him to contact Bava Singh. He explained the process of trading and opened his demat account. After this, he asked him to deposit money for trading. On April 9 last month, he deposited Rs 2 lakh. In this way, within a month, a total of Rs 1 crore 58 lakh was deposited through 15 different transactions.
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