Mumbai: Man dies by suicide after losing money first in investment fraud, then in cyber scam

Tauheed’s younger brother Tauseef said they had a shop at Mankhurd where they had a sub-contract from a bank through which people could carried out monetary transactions.

“Nearly five months ago, a person, who claimed to be an insurance agent, came up to us with a scheme offering massive monthly returns, following which my brother invested Rs 14 lakhs. However, after two months, the accused stopped making payments and fled with his family.”

Tauseef alleged that his brother went to the police but they did not register a complaint. He said that Tauheed was under stress as he had taken a loan to pay the amount and had an EMI of around Rs 20,000 that he was struggling to pay.

Nearly a week ago, Tauheed received a telegram link where he was asked to invest money for high returns. Tauheed was told by his friend to invest in it but he ended up losing Rs 42,000.

“On the day of Eid after praying, Tauheed came home with us. He then called up all the relatives and wished them. He also called up his wife whom he married in December and is currently in UP. He told her about the extreme step and before she could inform us, he went to another room and hung himself,” said Tauseef.

The family later found that he had typed out a suicide note and kept it in his wallet at their shop. Tauseef said based on the suicide note, they approached the police to get an FIR registered.

Senior inspector at Mankhurd police station Madhu Ghorpade said they have seized the computer, in which the suicide note was typed out. “We are conducting an inquiry, following which we will take a call on whether to register an FIR or not,” she added.