ONGC Worker Defrauded of 27 Lakhs

A tale of deception: ONGC employee loses 27 lakh in stock market scam.

The Aryavarth Express
Agency(Maharashtra): In a shocking turn of events, a diligent employee of the Oil and Natural Gas Corporation (ONGC) has been swindled out of Rs 27 lakh under the guise of a lucrative stock market investment in Nagpur, Maharashtra, as reported by the authorities. The incident has led to the initiation of legal proceedings against three individuals, marking a stark reminder of the perils of online financial scams.

The victim, 35-year-old Nilesh Khapare, currently serving at ONGC’s Mumbai division, encountered an enticing advertisement on a social media platform while in Nagpur. This advertisement boasted potential returns of 5 to 10 percent from stock market ventures. Intrigued, Khapare reached out, which led to his phone number being incorporated into an exclusive group, followed by the provision of a unique ID and password subsequent to his registration, as detailed by a police spokesperson.

Guided by the instructions received, Khapare transferred a total of Rs 26.85 lakh to specified bank accounts, anticipating the promised financial gains. Unfortunately, not only were the promised profits never realized, but the invested principal amount also remained unreturned. This alarming outcome prompted the registration of a complaint by Khapare against three suspects: Aryan Reddy, Pooja, and Jiya Shankar. The case, encompassing charges under various sections of the Indian Penal Code (IPC) and the Information Technology Act, has been lodged at the Yashaodhara Nagar police station, signifying a crucial step towards addressing this fraudulent act.

This distressing incident sheds light on the increasing menace of cyber fraud, urging netizens to exercise utmost caution and diligence in their online financial endeavors. The authorities are now actively pursuing the case, aiming to bring the perpetrators to justice and highlight the importance of cybersecurity in today’s digital age.

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