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30-year-old woman loses ₹51 lakh in stock trading scam via WhatsApp group in Greater Noida

Feb 19, 2025Greater Noida, India2 sources

Summary

A woman from Greater Noida lost over Rs 51 lakh in a stock trading scam that promised high returns. The victim, Meenu Rani, was deceived by a man named Hari Singh, who claimed to have 15 years of experience in stock market investments. Rani was added to a WhatsApp group and convinced to invest money after receiving an Amazon gift voucher worth Rs 1,000. She later invested additional funds, including money borrowed from her husband, mother-in-law, and other relatives, based on the promise of three to five times returns within a month. After realizing she had been scammed, Rani filed a complaint with the Cyber Crime police station. Authorities have frozen Rs 4,80,000 of the total amount invested and are working to recover the remaining funds.

Incident Details

Domain
Fraud & Financial
Mechanism
contact
Recipient
IndividualMeenu Rani
Dimensions
economicpsychologicalautonomy