Former Punjab IPS officer Amar Singh Chahal on Monday shot himself. As per reports, Amar Singh Chahal was rushed to Park Hospital with a serious chest injury. Currently, the former IPS officer is undergoing treatment. He was currently residing in Patiala. Chahal retired as IGP.
While the former IPS officer is currently in critical condition, he has left 12 pages suicide note addressing Punjab DGP Gaurav Yadav. Furthermore, he has also left 2 pages note addressing Prime Minister Narendra Modi, Home Minister Amit Shah and Union Finance Minister Nirmala Sitharaman.
In his note to PM Modi and Central leadership, Chahal writes that he has become a victim of highly sophisticated gang of scammers who were using the name of DBS. The WhatsApp group had been running for more than two months. Tempted by their promise of high returns, I fell into their trap. In the process, I lost more than Rs 8 crore, out of which around Rs 7.5 crore was borrowed from friends and relatives.
"I am left with no alternative except to take my life, as I am not able to face the public anymore. I humbly request you, as guardians of the country, to launch a multi-agency probe immediately to track these criminals, recover my money, and completely shut down these websites."
In his 12-pages letter to DGP Punjab Gaurav Yadav, Chahal has given more details on how he fell victim to such kind to such scamsters.
Chahal gave details that the cyber criminals posed as DBS Wealth Advisors through WhatsApp. "I came across a very active WhatsApp and Telegram group claiming to represent the DBS Group, allegedly authorised by the Government of India and SEBI to help retail investors earn money through the capital markets."
It was alleged that Rajat Verma, CEO of DBS Bank, was personally guiding investors. His name and photographs were used to pose as if he himself was giving daily tips and advice on capital markets, along with explanations of stock trends and various economic factors affecting Indian markets. Anyone could ask questions and they would promptly reply, which helped build trust among investors.
Gradually, the scammers created a sense of credibility and confidence in their activities. Initially, they stated that the first batch of retail investors would be selected carefully and only names selected by “Rajat Verma” would be allowed to trade, further adding to the illusion of authenticity.