Ambani, Tendulkar names misused in stock scam, Naresh Goyal in ‘digital arrest’ as Pune man loses Rs 2.1 cr

A 70-year-old man from Pune was targeted in a fraudulent investment scheme in the name of fictitious companies floated by Mukesh Ambani, Sachin Tendulkar, and P Chidambaram. Over the course of 10 months, he lost a total of Rs 2.10 crore in two successive cyber frauds. The first fraud involved an advertisement promising inflated returns on a modest investment, with the perpetrator eventually pressuring the victim to transfer Rs 1.07 crore.

The second scam began when the victim received a call from someone claiming to represent the Telecom Regulatory Authority of India (TRAI). The caller alleged that a SIM card registered in the victim's name was being used for criminal activities. The fraudsters then threatened the victim with arrest and a fabricated money laundering investigation linked to former Jet Airways chairman Naresh Goyal.

The victim was instructed to pay Rs 13.5 lakh to resolve the issue, leading to a second round of fraudulent transfers totaling Rs 1.02 crore. The fraudsters eventually pressured the victim to part with more funds, even suggesting he sell his flat. When the victim sought help from the police, the perpetrators went silent. The case has been registered under various sections of the Information Technology Act and the Bharatiya Nyay Sanhita, with the total fraud amounting to Rs 2.1 crore.