The Cybercrime Police have initiated a First Information Report (FIR) against Black Rock Education Institution and Indira Securities Institution.
The FIR alleges that these institutions cheated a resident of Mapusa by inducing them to invest Rs 1.19 crore in institutional stock training.
The victim, believing the investment opportunity to be legitimate, ended up losing a substantial amount of money.
The FIR marks the beginning of an investigation into the alleged fraud, with authorities aiming to bring those responsible to justice.