Woman booked for duping many investors

| Feb 28, 2018, 00:13 IST
Pune: The Alankar police on Monday booked a woman for duping several people to the tune of over Rs 1.50 crore in the last two years by promising them hefty returns on their investments in the stock market.
The police took action against the suspect after a 47-year-old woman residing in Kothrud lodged a complaint against her.

Senior inspector Rekha Salunkhe told TOI that though the primary complaint states that the victim was duped of Rs 30 lakh, but within a day, many people have come forward with their complaints against the suspect. “The figure has now reached over Rs 1.50 crore,” Salunkhe added.

The suspect is a resident of an upscale society in Erandwane. Her husband is a well-known lawyer in the city.


According to the complaint, the suspect claimed that she was into trading shares and that she had a thorough knowledge of the share market. She, then, urged people to invest in the stock market using her services. She also promised handsome returns on their investments.


Several people started investing since January 2016 and the complainant, too, gave her a cheque of Rs 30 lakh. However, in the last two years, the suspect failed to return the initial invested amount and also did not pay any profit on the investments. The victims told the police that they do not even know in which companies the suspect had invested their money.


The police suspect that the woman may have duped many more unsuspecting people.



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