Multi-Level Marketing App Dupes Man of Rs 35,000
A man was duped of Rs 35,000 after downloading a multi-level marketing app on his mobile phone to earn money by buying shares of upcoming movies. The complainant, Shailendra Bhawsar, initially received profit but after sending Rs 35,000, he found that his withdrawal was disabled. He lodged a complaint with the cyber helpdesk of the Aerodrome police station after the group admin demanded an additional Rs 4,400 to facilitate money withdrawal. The police are investigating the case and have discovered that other people in the city have also fallen victim to similar frauds.
Key Takeaways:
- A man, Shailendra Bhawsar, was duped of Rs 35,000 through a multi-level marketing app that promised earnings by buying shares of upcoming movies.
- Bhawsar initially received profit but was unable to withdraw money after sending Rs 35,000, leading him to lodge a complaint with the cyber helpdesk of the Aerodrome police station.
- The group admin demanded an additional Rs 4,400 to facilitate money withdrawal, prompting Bhawsar to suspect the fraud.
- Police have discovered that other people in the city have also fallen victim to similar multi-level marketing app scams.
- A separate investigation is underway to identify the accused in those cases.
Statistics:
- Rs 35,000: the amount of money duped from the complainant
- Rs 4,400: the additional amount demanded by the group admin to facilitate money withdrawal
- 12 shares of films: the number of shares bought by the complainant through the app
- Under investigation: the status of the case and the ongoing investigation into similar scams
Sources:
- Indian National Press (Bombay) Pvt. Ltd., 2025: "Man Duped of Rs 35,000 after Downloading Multi-Level Marketing App"