Ramakanta Biswas

News Highlights

  • Cyber cell help desk retrieved Rs 4.30 lakh that a youth had lost to online fraud

  • Biswa Ranjan Biswal of Pattamundai was lured into investing in share (Stock) market

  • Timely reporting of the cyber crime proved saviour for thhe youth

A youth in Odisha got back Rs 4.30 lakh which he lost to online fraud due to the prompt action of Bhubaneswar cyber cell help desk.

Timely reporting of the cyber crime proved saviour for Biswa Ranjan Biswal, a native of Pattamundai in Kendrapara district, who was duped of the cash by scamasters who lured him into investing in the share(Stock) market.

“I got a call where the caller offered me help to invest in stock market. He made demo calls and shared tips to make profit and in the process won my confidence. The caller then referred me to a broker and said he would help me invest in bulk and gain more profit,” said Biswa Ranjan. 

“The fraudster suggested me to invest in MRF share. When I bought the share, he instructed to hold it for a long time to make more profit. For long time holding, they demanded brokerage charge of Rs 4.30 lakh which I paid,” he said. 

One week later, the fraudsters again called Biswa Ranjan and asked him to pay additional Rs 16 lakh citing that the shares he had bought were running at loss. 

Suspecting fraud, Biswa Ranjan dialed the helpline number of cyber cell help desk and lodged a complaint in this regard. 

Acting promptly on the complaint, the cyber cell managed to retrieve the total amount and returned it to the youth.

Bhubaneswar Deputy Commissioner of Police (DCP) Umashankar Dash said, “The fraudsters told the youth that the shares were running at loss and demanded more money as blocking charge. When the youth became suspicious of their conduct, he contacted the cyber cell help desk. Due to the quick action of the cyber cell, he got back Rs 4.30 lakh,” Dash added.