Pune Youth Loses ₹1.41 Lakh in Online Foreign Currency Scam

Complainant had found information about buying foreign currency online through a website called Vishnu Exchanger Dot Com.
Online Foreign Currency Scam
Online Foreign Currency ScamThe Bridge Chronicle
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Pune: A young man from Pune fell victim to a foreign currency scam, losing ₹1.41 lakh in the process. The fraud, which involved the promise of US dollars in exchange for Indian rupees, was reported at the Kondhwa police station, where a case has now been registered against the accused.

The complainant, whose identity has not been disclosed, detailed in his report that he had found information about buying foreign currency online through a website called Vishnu Exchanger Dot Com. Enticed by what appeared to be a legitimate offer, he proceeded to engage with the site.

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Shortly after, he was contacted by the fraudsters on his mobile phone. They introduced themselves and offered to sell him 1,700 US dollars for ₹1,41,900.

Trusting the transaction, the young man was directed to deposit the money into a specified bank account. Confident in the apparent legitimacy of the deal, he transferred the full amount.

However, once the money was deposited, the promised dollars never arrived. Growing concerned, the young man attempted to reach the fraudsters through their contact numbers but received no response. It was then that he realized he had been scammed.

Seeking justice, the young man filed a complaint with the Kondhwa police station. The police have registered a case against the website Vishnu Exchanger Dot Com, an individual named Rahul, and the unidentified account holder involved in the transaction.

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The case has been filed under charges of cheating and sections of the Information Technology Act, which governs cybercrimes and digital fraud.

Police Inspector Patil, who is leading the investigation, stated that efforts are underway to trace the accused and recover the lost amount.

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