online investment fraud
Elderly Bengaluru Man Loses Rs 1.33 Crore in Sophisticated Online Investment Scam
Nov 24, 2025 11:44 am CST
A 74-year-old Bengaluru resident fell victim to a cybercrime scheme, losing Rs 1.33 crore after being deceived by a fraudster posing as a wealth management representative. The scammer promised lucrative IPO returns and convinced the victim to transfer funds through a fake application, highlighting the increasing sophistication of online financial frauds targeting senior citizens.
Mumbai Lawyer Loses Rs 9.94 Crore in Sophisticated Cyber Investment Fraud Scheme
Nov 13, 2025 04:59 pm CST
A 65-year-old retired lawyer from Mumbai fell victim to an elaborate cyber scam, losing Rs 9.94 crore after being lured into investing through a fake trading app impersonating a reputable financial firm. The fraudsters created a convincing facade using WhatsApp groups and fake investment platforms to deceive the victim over several months before disappearing with his money.
Investment Scam Bust: Man Arrested in Dehradun for Rs 46 Lakh Online Fraud Scheme
Oct 17, 2025 12:44 pm CST
Arunachal Pradesh Police have apprehended a suspect in Dehradun following extensive surveillance for a Rs 46.27 lakh investment fraud. The individual, who claimed to be a company official, allegedly operated in Naharlagun since early 2023, luring victims with promises of high returns through an online investment platform before misappropriating their funds. Authorities continue investigating potential accomplices in this significant financial scam.