Pune man loses Rs 77.74 lakh in gold mining, forex trading scam
Pune: A 52-year-old man was defrauded of ₹77.74 lakh after falling for a scam promising high returns on investments in gold mining and forex trading. The fraud came to light after he approached the Pune cyber crime police, who registered a case last week.
According to the complaint, the victim received a call on August 20 last year from an unidentified woman who introduced him to the scheme, stating that he could start investing with ₹50,000. Days later, he was sent a web link and asked to register using his personal and bank details. Upon registration, an investment account was created on a trading portal.
On August 28, he invested ₹50,000 and saw the amount converted into dollars, which he could track on the platform. Believing it to be legitimate, he continued investing, making 51 transactions over four months and transferring ₹77.74 lakh to various bank accounts on the scammers’ instructions.
The victim later found that his trading account reflected an increased amount of ₹2.57 crore. Initially, he was able to withdraw ₹25,200, but from December 21, his withdrawal requests were denied. When he questioned the scammers, they demanded ₹26 lakh as a "risk security deposit" under the pretext of securing funds from money laundering and illegal activities.
Realising he had been cheated, the man filed a complaint with the Pune cyber crime police. A case has been registered under s. 318 (cheating) and s. 319 (cheating by personation) of the Bharatiya Nyaya Sanhita, along with s. 66D (cheating by personation using a computer resource) of the Information Technology Act.
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
Caste census will form basis for future policy decision, says CM Siddaramaiah
Mysuru (Karnataka) (PTI): Karnataka Chief Minister Siddaramaiah on Wednesday said that the ongoing caste census would form the basis for future policy decisions, asserting that the exercise was crucial to advancing social justice in the state.
Addressing a gathering at the Siddarameshwara Jayanti celebrations here, he said caste enumeration was being carried out for the first time since 1931 and would be followed by deliberations once the report is submitted.
"At present, a caste census (Jaati Sameekshe) is underway. After the report comes, we will discuss it and take necessary decisions," Siddaramaiah said.
He underlined the government’s commitment to equality, stating, "We are committed to social justice. No one should face injustice. Even if not 100 per cent, we will strive to ensure 99 per cent justice."
Referring to measures aimed at addressing intra-caste disparities, the chief minister said the government had already implemented internal reservation based on revised classifications.
"We have gone beyond the Nagamohan Das report and implemented internal reservation… now it has been revised to 5.25 per cent, 5.25 per cent, and 4.5 per cent. This has been approved by the Cabinet," he said.
Siddaramaiah said the broader objective was to ensure equitable distribution of resources and opportunities, while reiterating that policy interventions would be guided by constitutional principles.
"Our objective is equal share and equal life for all," he said.
He also emphasised the role of education in eliminating inequalities, particularly among marginalised communities, and said empowerment was essential to dismantle entrenched caste hierarchies.
"Only when people gain such empowerment can caste divisions be eradicated. Education is essential for this," he added.
The CM said the government would examine demands raised by various communities and take decisions based on feasibility, while ensuring that benefits reached all sections without discrimination.
