67-year-old loses Rs 2.5 crore in share trading scam in Kochi
KOCHI: A 67-year-old man was allegedly defrauded of Rs 2.5 crore in an online share trading scam in Kochi. The victim, a native of Tripunithura, was allegedly lured by fraudsters who promised him high returns on investments.
Based on the complaint, the Hill Palace police have registered a case against the suspects under provisions of the BNS for cheating and criminal breach of trust, along with relevant sections of the Information Technology Act, said a source with Kochi city police.
