Bengaluru: A Bengaluru-based techie couple recently suffered a major financial setback after falling prey to an online investment scam. The couple lost Rs 1.53 crore to fraudsters operating from the UK. However, thanks to the prompt action of the East Division Cyber Crime Police, they managed to recover a lump sum of Rs 1.4 crore of their lost money.
The scammers attracted couples with promises of high returns and also provided a fake website to monitor their ‘investment’. Once the couple realized that they had been defrauded, they immediately filed a police complaint. The police acted quickly traced the money transactions and froze more than 50 bank accounts linked to the scam. This action helped them recover a large part of the stolen money.
To protect yourself from falling victim to similar scams, follow these tips:
- Legitimate investment opportunities rarely approach you out of the blue.
- High returns with minimal risk are usually too good to be true.
- Thoroughly research any investment opportunity.
- Avoid sharing sensitive details with unknown individuals or companies.
- Only provide personal information on secure websites.
- If you suspect a scam, report it to the authorities immediately.
Prevention is always better than cure. Exercise caution and vigilance when dealing with online investments.
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