A Bengaluru man fell victim to a fraudulent trading scam, losing Rs 6.4 crore after being lured by promises of a “7x profit.”
The scam involved a well-crafted scheme where the victim was led to believe that his investments would yield substantial returns in a short period.
Scammers often use aggressive tactics and false claims of guaranteed high profits to trap unsuspecting individuals
especially those looking for quick financial gains.
Unfortunately, this case highlights the increasing prevalence of investment scams
where people are manipulated into parting with substantial sums of money based on deceptive promises.
Authorities are now investigating the incident, and steps are being taken to raise awareness about the dangers of such schemes to prevent future scams.
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