- This topic has 20 replies, 19 voices, and was last updated 1 year, 3 months ago by
.
-
Posts
-
-
UMy father had “invested” 50 lakhs on a shady capital platform (I can’t mention it at the moment). They guided through block deals and stock investments which multiplied the initial amount to nearly 4 crores.
Now on withdrawal they’re asking to pay a ‘tax’ of 20 lakhs. My father just opened up to me about this. It was a dumbfoolery on his part but he’s my father. He had aspirations for the family and me, unfortunately took the shortcut and got trapped.
How should I proceed with this? Any help would be greatly appreciated. Not to sound disrespectful but anyone who helps us guide us out through this trap would be rewarded as a gesture of good faith.
Regards
-
HYour father most likely invested in a fraud platform. How much time did it take to multiply the 50 lakh to 4 crores? You think it’s that easy? This is all a lie to make you greedy and hopeful for the money. Asking for 20 lakh more is simply scamming you again. If they were a legit platform your tax would automatically get deducted and the balance amount would be credited to you. You need to report this to the cyber cell of the Police immediately. Don’t confront the scammers directly and try to maintain communications and let them think you don’t know it’s a fraud so that they don’t become alert and hide their tracks.
-
-
C[https://cybercrime.gov.in/](https://cybercrime.gov.in/)
Go ahead and report the crime through the portal. The odds of recovering the 50 lakh will be low, it’s very likely the money has been moved out of the country and even been laundered.
DO NOT send them anymore money, the tax is part of the scam to see if they can extract more money, hoping the desperation to get the money back will make you do it.
And it’s time to educate everyone in your family and yourself who handles money about the common scams happening nowadays. This scam is not new, it’s an old one and it’s always effective on people who know next to nothing about trading. Be aware and protect yourself going forward.
-
AOP
If they are asking for money, most likely the money is lost.
As commented before, complain to cyber crime. DO NOT SEND MORE MONEY. The criminals will extract evert bitbof money they can. It happened to a friend, who borrowed more money to pay “taxes” “fees” etc. It never stopped. Finally when he went to the cops, they told him this is a common scam and they received many such complaints.
Hope you receive your money. But DO NOT send any more.
Also take care of your Dad and his mental health. Losing 50 lakhs at this age is a catastrophe. Be understanding and supportive of him.
Hope there is a positive outcome to this.
-
-
DSorry OP, your father got scammed with the share trading scam.
Let me break it to you, whatever capital platform name you mention or don’t mention, it’s fake. The site was fake and a face to run dummy trades.
You should ask him to not give any more money and report to cyber crime immediately!!
In my experience, very bleak chances to recover full money.
-
UPretty sure it’s that fake Sharekhan app.
Please call 1930 and report it immediately. Once you report, the cyber crime department starts freezing the accounts. This gives you higher chances for recovery.
Then go to the concerned station and give a proper complaint and get an FIR registered. You can get in touch with u/st_broseph for any help.
-
LUmm.. bro sharekhan is a legit broker
Do you mean there is a mod app pretending to be Sharekhan and doing such scams ? -
-
-
-
LMost of these vultures are sitting comfortably in some other country.
File police report. See if they can track to see which account was money transferred to and sometimes they can freeze the account. Do not let the scammers know that they are busted.
Most likely money has already been moved out of those accounts. I wish parents talk more with kids before making major decisions.
-
-
UReport to cyber crime and local police station … they will freeze the account when the money is as deposited and can also follow the trail from one account to another.
don’t send any more money coz you’ll just keep loosing more … don’t let the scammers know that you have reported to police … if you’re lucky there might be some funds still available in the bank account if they freeze … chances are slim but you don’t really have a choice -
-
Ulet me tell how your dad got scammed he might be been to to some dating apps then the guy behind girls character played with his emotions then introduce him trade and then asked him to deposit only 500$ then gave profits and he gets greedy and deposited more and even deposit that tax you are not going to get this money back
-
LHi, I am not a lawyer,
See this seems a typical telegram group crypto investment fraud.This is more common than what we can imagine….
First of all your money is gone,
By gone I mean no power in this universe can return you your money this is a lesson learnt by your family in the most expensive way.
What you can do is to report a cyber crime online which won’t give your amount back but just your case will be recorded and can be useful in future cases to trase these criminals.Just take a deep breath, and gather coura6to tell this to your father.
More power to you.
50l is a very very large amount indeed. -
-
-
-
-
-
