Guwahati : Amid the rising menace of cyber crime cases in Assam along with the rest of the country, a Guwahati man was duped of Rs 1.3 crore by cyber criminals after being lured by promise of lucrative investments in the share market.

The victim, Chhote Narain Sinha, a resident of the city’s Rehabari area, on May 16 this year, lodged a complaint with the cyber police station in connection with a fraud investment in the name of Morgan Stanley, an American investment banking company.

Sinha in his complaint stated that he has been duped of Rs 1.3 crore by cyber criminals, Guwahati Commissioner of Police (CP), Diganta Barah, said on Saturday, June 8. As stated by Sinha, he could realise about the fraud investment, not before making a huge payment to the tune of Rs 1.3 crore in several installments.

Sinha soon reported the matter on the cyber crime online portal and subsequently with the cyber police station, he said. After receipt of the complaint, a cyber police station team acted promptly and could hold an amount Rs 28.62 lakh. However, the remaining amount had already been withdrawn by the cyber criminals through multiple bank account transactions outside the state, he added. 

CP Barah said that on Thursday, June 6, Rs 22.5 lakh could be credited back to Sinha’s bank account. A case, under sections 406 (criminal breach of trust) and 420 (cheating) of the Indian Penal Code (IPC), has been registered at the cyber police station and further investigation on the matter is on.