I invested in an online trading scheme, transferring money via NEFT. They sent a cheque from a private bank and a Rs. 150 stamp of agreement for monthly payments. They cleared the first month but then blocked my cheques and cut off all contact, even switching off their phones. What should I do?

Apni Law
Apni Law
Law Forum › Category: Cheque Bounce › I invested in an online trading scheme, transferring money via NEFT. They sent a cheque from a private bank and a Rs. 150 stamp of agreement for monthly payments. They cleared the first month but then blocked my cheques and cut off all contact, even switching off their phones. What should I do?
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Apni Law Staff asked 2 years ago

I invested in an online trading scheme, transferring money via NEFT. They sent a cheque from a private bank and a Rs. 150 stamp of agreement for monthly payments. They cleared the first month but then blocked my cheques and cut off all contact, even switching off their phones. What should I do?

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Best Answer

Apni Law Staff answered 2 years ago

You’ve likely been a victim of a financial fraud. File a police complaint under Section 420 of the Indian Penal Code for cheating and lodge a complaint with the Cyber Crime Cell. Immediately contact your bank and report the fraudulent cheques to prevent further losses.

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