Kota police have arrested Sohail Khan for allegedly defrauding a man of Rs 56 lakh through a fake share trading app. The victim was lured into investing large sums, only to later be pressured into providing additional funds under the guise of increasing profits.
The scam unfolded when the victim was contacted by Khan, who convinced him to invest in the fraudulent app, promising high returns on share trading. After the initial investment, the victim was encouraged to deposit even more money to unlock higher profits, but soon after making the additional payments, the victim realized he had been duped.
As the situation escalated, the victim lodged a complaint with the police, who swiftly took action. After a thorough investigation, Sohail Khan was arrested and charged with defrauding the victim of a substantial amount of money. Authorities are now looking into whether Khan was part of a larger syndicate operating similar scams through fake share trading platforms.