Pune: 60-year-old senior citizen cheated of Rs 11 lakh by fraudsters

A 60-year-old senior citizen was cheated of Rs 11 lakh by persons posing to be stockbrokers from a US-based company on the pretext of investing in equities and withdrawing the returns.

An FIR in the case has been filed by the 60-year-old resident of Nana Peth, who runs a small business. As per his complaint, in August last year, he was approached by a woman over the phone, who said she was speaking on behalf of a Chicago-based company and spoke about various options of investing in equities on the stock market. After he consented to invest, he received multiple calls from persons claiming to be stockbrokers from the company and had him transfer money for investing in equities.