According to NDTV reports, the police said on Monday that a 19 -year -old man in Ajmer, Rajasthan has been arrested for cheating more than 200 lakhs from more than 200 people through a fake investment scheme. This youth is a student of class 11 and has been named Kashif Mirza. According to the police, it targeted social media users by making fake promises. The youth promised people that they would get big profits by investing in this fake scheme.
Police further reported that Mirza was a “influencer” and had a large number of followers on Instagram. He told the victims that they would get Rs 1,39,999 for investing Rs 99,999 for 13 weeks.
“Initially, he gave profits to some investors, so that they would be affected and tell more people about it,” an official told NDTV.
A Hyundai Varna car, a cash counting machine, phone and laptops were recovered from Mirza. Now he has been sent on two days of police remand.
For some time, such frauds have increased, where people are fake of coarse returns in lieu of good jobs or investment and the amount of lakhs is cheated. We will advise you to closely check the contacts done in such SMS, email or any other way. If you are in doubt, you can also complain about such fraud person or group to cyber police.
