Mumbai: Man loses Rs 97,000 while selling cycle online

Mumbai: Man loses Rs 97,000 while selling cycle online

Staff ReporterUpdated: Wednesday, November 10, 2021, 10:09 PM IST
article-image

A 33-year-old Powai-based man lost Rs 97,200 in a series of transactions to an OLX fraud after a scamster posed as a potential buyer and duped the complainant.

The accused contacted the complainant to buy a second-hand bicycle and tricked him into making wire transfers. A case of cheating has been registered at Powai police station.

According to police sources, the incident occurred on November 7, when the complainant, who had uploaded a photo of his bicycle and quoted it to sell it off at Rs 18,000. An unidentified person messaged the complainant on the online seller's platform, showing his interest to buy the cycle.

The man, who identified himself as Vikas Sharma, negotiated the bicycle price to ₹16,500. Sharma then asked the complainant to send his PayTM UPI ID, and the latter obliged. After sending one rupee, the complainant lost ₹97,200 in a series of multiple transactions, which is when he realised that he had been duped and immediately approached the bank to block the debit card.

The victim then approached Powai police and lodged a complaint, acting on which a First Information Report (FIR) was registered, wherein the unidentified accused was booked under relevant sections of the Indian Penal Code (IPC) and Information Technology (IT) Act for cheating and impersonation. While no arrests have been made, police are investigating the matter.

RECENT STORIES

Tarpa Maestro Bhiklya Dhinda From Palghar’s Remote Walvanda Village To Receive Padma Shri For...
Tarpa Maestro Bhiklya Dhinda From Palghar’s Remote Walvanda Village To Receive Padma Shri For...
Indian Railways Run LTT–Madgaon Special Train On January 26 To Ease Heavy Weekend Return Rush Of...
Indian Railways Run LTT–Madgaon Special Train On January 26 To Ease Heavy Weekend Return Rush Of...
Yungblud Pays Tribute To Ozzy Osbourne During Performance At Lollapalooza India 2026; Sings Black...
Yungblud Pays Tribute To Ozzy Osbourne During Performance At Lollapalooza India 2026; Sings Black...
MSRTC Chairman Pratap Sarnaik Orders Suspension And Dismissal Of Drunk-On-Duty Staff After Surprise...
MSRTC Chairman Pratap Sarnaik Orders Suspension And Dismissal Of Drunk-On-Duty Staff After Surprise...
MSRTC Launches ‘Balasaheb Thackeray – Sange Teerthatana’ Scheme To Boost Affordable Pilgrimage...
MSRTC Launches ‘Balasaheb Thackeray – Sange Teerthatana’ Scheme To Boost Affordable Pilgrimage...