LawRato

Stock market advisory and insurance related online fraud .


28-Mar-2023 (In Criminal Law)
One fellow advised me to take position with 2.5 lacs capital in options trading and asked me hold it. As I saw my trade is giving me loss of 10k , when I asked him he said u can hold this position and if any u get any loss from their call they will pay back me loss amount. Loss started increasing and in few hrs it went to 1.1 lacs then also that fellow said not to exit, he said if I exit this position then they will not give me any loss Amt. I hold this position overnight and next day loss increased it to 2.47 lacs. He asked me to make payment of agency cost , and insurance cost Amounting to 92k via Gpay. I was hesitant to pay such a huge amt. He said I will receive my loss payback within 30 min. Since then I was following him for payment for 3 days. After a week I filed cyber crime complaint. And now this fellow is calling me to settle issue with 92K payment. Can I recover my 2.47 lacs from him with legal complaint? I have only what’s app chat and my gpay transfer as a proof.
Answers (1)

Answer #1
812 votes
First we need to understand What agreement u have with him Have you signed any documents or any kind of contract If no thn we can file recovery suit against him as u have already lodged a cyber complaint
Helpful? LawRato LawRato

Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at lawrato.com and has been responded by one of the Divorce Lawyers at lawrato.com to address the specific facts and details.

Report abuse?

Comments by Users

No Comments! Be the first one to comment.

"lawrato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."