65-year-old retired DRDO scientist loses ₹62 lakh to stock investment scam via WhatsApp group
Summary
A 65-year-old retired DRDO scientist from Badangpet lost Rs 62 lakh to cyber fraudsters in a stock investment scam. On February 27, the victim clicked a WhatsApp link that added him to a group named 'Awarigafin NNM S116,' managed by someone named Diya Verma, who promised high returns on investments in institutional stocks, OTC stocks, and IPOs. The victim initially invested Rs 20,000 but was later persuaded to make larger deposits. Between March 8 and May 3, he made 28 transactions totaling Rs 62 lakh to various bank accounts provided by the fraudsters. After being asked to pay additional fees and facing app access issues, he reported the incident to the Rachakonda Cyber Crime Police Station, which registered a case on Monday under relevant sections of the BNS and IT Act.
Incident Details
Sources
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