Trading scam: Man duped of Rs 46.5 lakh; promised high returns

MANGALURU: A man reportedly lost Rs 46.5 lakh in an online investment scam after being added to a WhatsApp group named Mayfield Trading without his knowledge. According to a complaint filed at the CEN Crime Police Station, the group promoted stock trading with promised of high returns.On May 7, an individual identifying himself as Tom Harris, claiming to be the Service Manager of Mayfield Trading Investment Group, contacted the complainant via WhatsApp. He explained the trading process and sent a registration link, asking the complainant to provide personal and bank details.Trusting the offer, the complainant registered and proceeded to invest in phases through RTGS and IMPS, allegedly transferring a total of Rs 46.50 lakh to multiple bank accounts provided by the accused between May 10 and June 4.However, when the complainant attempted to withdraw the funds, the request was denied. On inquiring, Harris demanded an additional payment as tax for withdrawal. This aroused suspicion, and the complainant realised he was duped. A case was registered in CEN Crime Police Station.