A Jharkhand-based individual allegedly duped round 15 locals to the tune of not less than ₹2 crore within the identify of inventory market investments by promising them enormous returns. The incident got here to mild when the victims lodged a grievance with the town police in ‘Spandana’ held on July 10.

As per the police, an individual named Rahul had arrange an workplace at Satyam Junction. Claiming himself as a buying and selling knowledgeable, he allegedly cheated a lot of individuals by accumulating enormous sums promising them enormous returns. Believing him, the victims had reportedly invested round ₹50,000 to lakhs. Police mentioned that Rahul had gone lacking from his home at Birla Junction and had not been responding to the calls of shoppers for the final two months. After realising that they have been cheated, the victims lodged a grievance.

The ‘Spandana’ grievance was forwarded to MVP police, who registered a case on Tuesday.

Additional investigation is on.

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