Bellary: Online Fraud Results in ₹97.67 Lakh Loss for Jindal Company Employees

Bellary: In a significant case of online fraud, two employees of Jindal Company in Bellary have been duped out of ₹97,67,859. The victims, lured by promises of high returns on stock market investments, transferred large sums of money in multiple installments to the fraudsters.

The incident involved a woman, who lost ₹56,71,000, and a contractor, who was defrauded of ₹40,96,859. Both individuals realised they had been deceived when no returns were forthcoming and promptly reported the crime to the Central Economic Offences (CEN) station in Bellary.

Police have registered a First Information Report (FIR) and launched an investigation to track down the culprits behind this elaborate scam. Authorities have warned the public to be vigilant when making online financial transactions, advising individuals to thoroughly verify the legitimacy of such offers before parting with their money.

This case highlights the growing risk of online fraud schemes, particularly those involving promises of large financial returns, and serves as a reminder for everyone to exercise caution in the digital financial space.