Considering the increasing number of cases of online fraud, Maharashtra government has decided to take steps to create public awareness. The city police's Economic Offences Wing today filed an affidavit before the Bombay High Court, stating that it had hired advertising agency Lowe Lintas to create awareness advertisements. Reserve Bank of India (RBI) too has been requested to issue advertisements, asking people not to fall prey to alluring but shady online schemes, it said. The division bench of Justices D D Sinha and V K Tahilramani was hearing two public interest litigations filed by investors who were allegedly duped by schemes of Speak Asia and Symbiosis Trade Link. On the allegation by the petitioners that police initially refused to look into the complaints, public prosecutor Pandurang Pol told the court that inquiry had been initiated. The EOW has also sought special courts for economic offences for speedy trials. The court was informed that in the Symbiosis matter, the first complaint was lodged in February 2010, but action had not yet been initiated. "What have the police done so far? People want perpetrators to be brought to book. Such cases should be taken to logical conclusion," Justice Sinha said. Speak Asia, a Singapore-based online survey company, is alleged to have cheated people by promising huge returns for taking part and investing in its surveys. Symbiosis Trade Link runs similar scheme from Pune.
IBN Live
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