A 28-year-old youth in Bengaluru after having lost Rs 5000 to a fraudster on OLX went on to cheat several people. The arrested youth has been identified as N Manjunath who hails from Kaveri Nagar. The Police have seized Rs 19 lakh worth of valuables, including gold jewellery, a car, and a motorbike from his possession.
As per reports, Manjunath had responded to an advertisement on OLX for the sale of a mobile phone. The seller had asked Manjunath to pay Rs 5,000 upfront for the phone whereafter he became untraceable.
Followed by his miserable experience, he decided to cheat others. He would post photos of himself posing with cars looking for a prospective buyer on the online marketplace. For this purpose, he had set up several OLX accounts under random names.
According to the police, Manjunath had just taken the pictures of the cars from some showrooms of used automobiles. He also took photocopies of car documents and uploaded them to OLX, as reported by Udyavani.
Apart from this he also fooled youngsters by promising them lucrative jobs. He would use documents submitted by these youths to buy SIM cards that he mentioned in his OLX accounts.
Early in July, a businessman from suburban Kandivali, Maharashtra has allegedly lost over Rs 32 lakh in an online fraud. As per the police complaint, the trader received an email from a Ghana-based medical research company in June asking him to procure an organic chemical liquid, which was only available in India and assured him a good deal.
With the coronavirus hitting hard on pockets, the cybercrime and many other fraudulent cases have seen a sudden surge in India.