Ahmedabad: A security agency owner from the Vejalpur area of Ahmedabad lost Rs 90 lakh in an alleged forex trading fraud. He filed a complaint with the city cybercrime police on Wednesday.According to the complaint, an unknown person contacted the victim through social media in Nov last year and introduced him to forex trading as a high-return investment option. The accused convinced him to open a trading account on a website and guided him in investing money.The victim was initially allowed to withdraw a small profit, which helped build trust. He was then persuaded to invest larger sums over time. In total, he transferred around Rs 93 lakh in phases to different bank accounts provided by the accused.However, when he later attempted to withdraw the profits, he was asked to pay additional charges. Despite making repeated payments, the amount was not released. He managed to withdraw only Rs 2.55 lakh, resulting in a net loss of around Rs 90 lakh.
