Pune-based tech expert loses ₹73.69 lakh to fake trading app scam via WhatsApp group
Summary
A Pune-based tech expert lost ₹73.69 lakh in a fake trading app scam orchestrated via WhatsApp. The scam began in August when the victim received a message from an international number containing a link to a group chat. The group, filled with over 100 members, appeared to share authentic stock trading updates and testimonials. Between August 8 and September 1, the victim made 55 financial transfers to bank accounts in multiple Indian cities. The scam platform displayed inflated earnings, but when the victim tried to withdraw funds, he was blocked and realized he had been defrauded. He subsequently filed a complaint with the Pune Cybercrime Police.
Incident Details
Sources
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