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Bengaluru tech couple defrauded of Rs 1.53 crore in trading scam; Police recovers Rs 1.4 crore from 50 accounts – The Times of India


In a recent trading scam, a Bengaluru-based techie couple lost a whopping Rs 1.53 crore. However, thanks to the quick and efficient action by the police, Rs 1.4 crore of the stolen amount has been successfully recovered from 50 different accounts.

The couple fell victim to the scam after being lured in by promises of high returns on investments. They ended up transferring a large sum of money to the fraudsters, only to realize they had been duped. Fortunately, they reported the incident to the police who wasted no time in tracing the funds and recovering a substantial portion of the stolen money.

According to reports, the police were able to trace the money to 50 different accounts where it had been transferred by the scammers. Through meticulous investigation and coordination with financial institutions, they were able to freeze these accounts and recover Rs 1.4 crore.

This incident serves as a reminder of the dangers of falling prey to fraudulent investment schemes and the importance of reporting such crimes promptly. It also highlights the effectiveness of law enforcement agencies in cracking down on financial scams and recovering stolen funds.

The techie couple, although devastated by the loss of Rs 1.53 crore, expressed relief and gratitude for the swift action taken by the police. They hope that their story will serve as a cautionary tale for others and urge the public to exercise caution when approached with investment opportunities that seem too good to be true.

Overall, this case showcases the diligence and efficiency of the Bengaluru police in combating financial fraud and ensuring justice for victims of such crimes.

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Photo credit news.google.com

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