online investment scam
Maharashtra Man Loses Rs 3.96 Crore in Sophisticated Online Share Trading Scam
Nov 14, 2025 11:45 am CST
A 48-year-old senior manager from Thane, Maharashtra fell victim to a carefully orchestrated online share trading fraud, losing Rs 3.96 crore between May and October. The scammers operated through a WhatsApp group claiming connection to a securities company, promising high returns on equity investments before disappearing with the transferred funds. Authorities are now investigating all digital and financial connections in this case of cybercrime.
Bengaluru Resident Loses Rs 80 Lakh in Sophisticated Online Trading Scam Through Fake App
Nov 13, 2025 01:49 am CST
A Bengaluru man has fallen victim to an elaborate online trading scam, losing over Rs 80 lakh after being lured through a WhatsApp group into investing in a fraudulent trading app called ACS Trade. Despite transferring funds in multiple installments, the victim received neither returns nor his original investment, highlighting the growing threat of sophisticated digital financial fraud schemes in India.