Woman loses Rs 3.8 lakh to forex trading fraud

A 43-year-old woman from Dhankawdi lodged an FIR against a social media acquaintance, who she claimed promised her good returns on investment in foreign exchange and cheated her of nearly Rs 4 lakh. According to the FIR, the suspect took a total of Rs 6.50 lakh in varying amounts between June and September 2018. The complainant claimed she got back only Rs 2.72 lakh from the suspect. In her complaint, the woman stated that the suspect had formed a group on a social media platform, and claimed to run a company that was involved in foreign exchange trading. She joined the group in 2018. The suspect got in touch with her and told her that she would get handsome returns on investment in foreign exchange.