News > Pune man falls prey to '300% return' promise, loses over Rs 28 lakh

Pune man falls prey to '300% return' promise, loses over Rs 28 lakh

The 52-year-old man from Wakad was lured into investing in the stock market and international gold trading. A police official said the man received a message on his phone from an unknown number on July 22. "When the complainant responded to the message, he was added to a group of investors on a mobile messaging app," the officer said. A woman who claimed to be a trading expert asked the users to download an app to monitor their investments.