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Share trading losses turns BMM student into pickpocket
Updated On: 27 July, 2023 07:29 AM IST | Mumbai | Samiullah Khan
A couple becomes his victim after debit card loss on train journey, alerted by unauthorised withdrawals
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Yash Chandani in police custody
A 20-year-old BMM student found himself entangled in a life of crime after suffering substantial losses in share trading. As a desperate measure, he resorted to pickpocketing. Recently, a couple faced the consequences of his actions when they lost their debit card during a train journey from Gujarat to Mumbai. Soon after, they discovered unauthorised withdrawals from their account, prompting them approach the police.
Yash Chandani, a final year BMM student from Gujarat, got addicted to share trading and invested heavily, taking loans from friends and relatives. “He claimed to have invested Rs 50 lakh but ended up losing it all. Faced with financial distress, Chandani resorted to pickpocketing in public transport,” said an officer from Borivli GRP.
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