Kerala man loses Rs 4 crore after downloading an app from WhatsApp
1 week, 5 days ago

Kerala man loses Rs 4 crore after downloading an app from WhatsApp

India Today  

In yet another case of cyber fraud, a 45-year-old man from Thekkumbhagam, Tripunithura lost Rs 4.05 crore over a period of two and a half months. The victim fell prey to a deceptive WhatsApp message that included a link to an app promising lucrative investment opportunities and high returns. This incident reported from Kerala started when the victim was contacted by an accused identified as a woman named Avanthika Dev, who allegedly posed as a representative of a reputed private financial services company. The scammer even presented fake reports showing high returns and quick financial gains from other users, claiming they had also profited by joining the process. Avoid installing apps shared via messaging platforms like WhatsApp, as these links are often phishing attempts designed to deceive users.

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History of this topic

Senior citizen from Bangalore joins training session online to learn stock investment, ends up losing Rs 6 crore
6 days, 19 hours ago

Senior citizen from Bangalore joins training session online to learn stock investment, ends up losing Rs 6 crore

India Today  

In yet another case of an online scam, a senior citizen from Bangalore lost Rs 6.41 crore after falling prey to an online investment fraud. The victim was connected with the fraudsters via WhatsApp and fell into their trap in the hope of learning stock market investments and strategies through online training sessions. After introducing themselves, the scammers offered to …

Downloading apps from WhatsApp? Kerala man lost Rs 4 crore in major scam
1 week, 4 days ago

Downloading apps from WhatsApp? Kerala man lost Rs 4 crore in major scam

India TV News  

A new case of fraud has emerged involving the WhatsApp messaging app, highlighting a serious risk for users. A man from Tripunithura, Kerala, lost a staggering Rs 4.05 crore after downloading a harmful app using a link sent to him through WhatsApp. While scams on WhatsApp are not new, this situation is particularly alarming because the man was manipulated by …

Man held for ₹52.11 lakh share market scam
2 weeks, 3 days ago

Man held for ₹52.11 lakh share market scam

The Hindu  

Thoothukudi cyber wing police have arrested a man from Kerala on charges of defrauding ₹52.11 lakh through share market trading scam via whatsapp. According to the police, the complainant, from KTC Nagar received a message in WhatsApp stating that money could be earned with huge profit through share market trading. The victim clicked the link and downloaded the application called …

Company loses ₹1.30 cr to identity theft cyber fraud
2 weeks, 4 days ago

Company loses ₹1.30 cr to identity theft cyber fraud

Hindustan Times  

Navi Mumbai: The police on Tuesday have registered a case after an accountant working for a road construction firm in Belapur was deceived into transferring ₹1.30 crore by an imposter who pretended to be the company’s Managing Director. Company loses ₹ 1.30 cr to identity theft cyber fraud According to the FIR, on Sunday, the accountant received a missed call …

WhatsApp share market scam dupe: Mumbai man loses ₹11.1 crore in fake investment scheme
Trending News
3 weeks, 3 days ago

WhatsApp share market scam dupe: Mumbai man loses ₹11.1 crore in fake investment scheme

Live Mint  

In an unfortunate incident involving a retired 75-year-old senior citizen from Colaba, Mumbai, a fraudster's scheme led to the loss of a staggering ₹11.1 crore. Soon after, the scammers moved the victim to a separate WhatsApp group, where they sent him a link to download a fake trading app. Once installed, the app appeared to offer various high-return investment options, …

Stock market fraud: Bengaluru man loses ₹91 lakh to fake trading app; here’s what Zerodha’s Nithin Kamath has to say
3 weeks, 3 days ago

Stock market fraud: Bengaluru man loses ₹91 lakh to fake trading app; here’s what Zerodha’s Nithin Kamath has to say

Live Mint  

Nithin Kamath, co-founder and CEO of Zerodha, has raised concerns about a surge in cyber frauds targeting investors through fake trading apps. Addressing the growing threat, Zerodha CEO Nithin Kamath, revealed that scammers have siphoned off over ₹1,100 crore in the past nine months. Kamath noted, “You are asked to install fake trading apps that look exactly like those of …

75-year-old Mumbai man gets added to unknown WhatsApp group, loses Rs 11.1 crore
3 weeks, 3 days ago

75-year-old Mumbai man gets added to unknown WhatsApp group, loses Rs 11.1 crore

India Today  

In yet another case of a share market scam, a 75-year-old retired ship captain from Colaba, Mumbai, was defrauded of Rs 11.1 crore. The victim was first added to a WhatsApp group by an unknown individual who later promised him investment advice and ways to earn good money through share market investments. The scam began on August 19 when the …

Thane-based doctor loses ₹3.84 crore to three Karnataka-based men in fraudulent medical equipment contract scheme
1 month, 1 week ago

Thane-based doctor loses ₹3.84 crore to three Karnataka-based men in fraudulent medical equipment contract scheme

Hindustan Times  

In yet another cyber crime incident, a doctor from Thane fell victim to a fraud scheme, losing as much as ₹3.84 crore to three individuals from Karnataka who lured him with the promise of profitable returns through a municipal contract to supply medical equipment. Law enforcement officials have observed an increase in such cases as fraudsters exploit online platforms to …

Hyderabad: Senior Citizen loses 13 crores after clicking on WhatsApp Link
3 months, 2 weeks ago

Hyderabad: Senior Citizen loses 13 crores after clicking on WhatsApp Link

Deccan Chronicle  

Hyderabad: Cyber criminals duped an elderly man of Rs. The Telangana Cyber Security Bureau on Wednesday arrested three persons involved in this scam following a complaint filed by the victim on Monday. According to the police, a retired employee from Hyderabad who received a message on WhatsApp, offering online stock trading tips. Fraudsters then sent links under the names of …

ED launches probe in multi crore stock market frauds run with fake apps
3 months, 3 weeks ago

ED launches probe in multi crore stock market frauds run with fake apps

Hindustan Times  

MUMBAI: The Enforcement Directorate has initiated a money-laundering investigation into an alleged multi-crore fraudulent online scam in which a large number of gullible investors across the country were cheated of their hard-earned money by inducing them to invest in stock markets through fake mobile apps. MODUS-OPERANDI: ED’s probe revealed that the victims were being cheated by allegedly entrapping them into …

Cyber fraudsters dupe man of ₹5.5 lakh
3 months, 3 weeks ago

Cyber fraudsters dupe man of ₹5.5 lakh

Hindustan Times  

Cyber fraudsters duped a man of ₹5.5 lakh on the pretext of asking him to update his electricity bills or else face power disconnection. As per the complainant, he was asked to click on a link sent by the cyber crooks, download an app, and he lost a total of ₹5,54, 806 in multiple transactions done through internet banking. The …

Coimbatore-based software developer duped of ₹1.63 crore
3 months, 3 weeks ago

Coimbatore-based software developer duped of ₹1.63 crore

The Hindu  

A software developer from Coimbatore was cheated out of ₹1.63 crore by fraudsters who promised him high returns from online stock trading. According to the police, Mr. Vivek develops software for IT companies on a contract basis and had an interest in online share trading. On 24 May, Mr. Vivek received a message on WhatsApp from an unidentified person regarding …

Gujarat ‘share trader’ dupes Kerala woman of Rs 1.25 crore, nabbed from Ahmedabad
3 months, 3 weeks ago

Gujarat ‘share trader’ dupes Kerala woman of Rs 1.25 crore, nabbed from Ahmedabad

New Indian Express  

KOCHI: When an 80-year-old Aluva woman saw that she had made good profits in the chart shared by an ‘online share trading’ firm, where she had made heavy investments over a period since last November, she decided to withdraw a substantial amount. The woman then lodged a complaint with the Ernakulam Rural police, leading to the unravelling of a mafia …

Cyber fraudsters on the prowl with fake banking apps in Kerala
4 months, 3 weeks ago

Cyber fraudsters on the prowl with fake banking apps in Kerala

New Indian Express  

Cyber fraudsters are devising innovative methods to deceive gullible people. Their latest tactic: Crafting fake banking apps that eerily resemble genuine ones. Recently, a woman from Kalamassery fell prey to this ruse and lost Rs 9.3 lakh due to unauthorised transactions on her debit and credit cards after installing a fake banking app. The installed app appeared to have all …

Online scamsters cheat victims of ₹3 crore in Kerala’s Ernakulam Rural police limits in recent times
5 months, 2 weeks ago

Online scamsters cheat victims of ₹3 crore in Kerala’s Ernakulam Rural police limits in recent times

The Hindu  

Just days after the Kochi City police issued an advisory against the surging online scams revealing how nearly ₹25 crore had been cheated in about 400 cases since the start of 2024, the Ernakulam Rural police have now revealed that scamsters have cheated many victims of over ₹3 crore in recent times in a similar manner. While nearly ₹2 crore …

Researchers reveal alarming rise in investment scams in India through Facebook, WhatsApp, Telegram
5 months, 3 weeks ago

Researchers reveal alarming rise in investment scams in India through Facebook, WhatsApp, Telegram

India TV News  

Cybersecurity researchers have revealed an alarming rise in investment scams in India that are being promoted through social media messaging platforms such as Facebook, WhatsApp, Telegram, and others. The findings revealed over 29,000 malicious investment Additionally, the report emphasised the concerning tactic of impersonation, with 81,000 X accounts posing as recognized financial institutions to lend credibility to these scams. "Scammers …

Noida: Man falls for lure of ‘easy’ work from home job, loses ₹20 lakh to fraud
6 months ago

Noida: Man falls for lure of ‘easy’ work from home job, loses ₹20 lakh to fraud

Hindustan Times  

A 28-year-old man was allegedly duped of ₹20 lakh by a fraudster contacted him through WhatsApp and offered him a work-from-home job to earn easy money, senior police officers said on Tuesday, adding that on the complaint of the victim, a case of fraud was registered at the Cyber Crime branch on Monday. A case under sections 506 and 420 …

WhatsApp group scam on rise in India: What is it, how to be safe
6 months, 3 weeks ago

WhatsApp group scam on rise in India: What is it, how to be safe

India Today  

In recent months, we have seen a spike in cases of online scams. The latest of these deceptive tactics is a new WhatsApp Group Scam, through which scammers are luring innocent people with stock market investment plans. In a recent report of the WhatsApp Group scam, two brothers from Pune, India, were defrauded of Rs 2.45 crore. Looking at several …

Delhi man loses Rs 1 crore in a new WhatsApp Stock market investment group scam
7 months ago

Delhi man loses Rs 1 crore in a new WhatsApp Stock market investment group scam

India Today  

A resident of Shalimar Bagh, Northwest Delhi, has become the latest victim of an online scam after joining a WhatsApp group. The victim fell prey to a sophisticated scheme in which the scammer lured him into investing over Rs 1 crore through a WhatsApp group. The group, posing as an investment research platform, slowly gained the victim's trust before exploiting …

How WhatsApp investing scams are duping people into parting with their savings
7 months, 2 weeks ago

How WhatsApp investing scams are duping people into parting with their savings

Firstpost  

A 48-year-old businessman from Maharashtra has lost Rs 1.88 crore after falling victim to a share trading scam on WhatsApp. Image used for representational purpose/Pixabay A 48-year-old businessman, who also owns a coaching class in Maharashtra’s Thane district, fell victim to a share trading scam that cost him more than Rs 1.88 crore. In yet another case of online investment …

₹5.2 crore gone in a click: Bengaluru man conned by online fraudsters via WhatsApp
7 months, 4 weeks ago

₹5.2 crore gone in a click: Bengaluru man conned by online fraudsters via WhatsApp

Live Mint  

Online stock investment frauds are becoming rampant in India and thousands of people have lost lakhs of rupees in the past few months. In a recent case of an online scam on WhatsApp, a Bengaluru businessman lost a whopping ₹5.2 crore after clicking on a link to download an app. According to a Times of India report, the victim received …

Bengaluru woman joins WhatsApp group to invest, loses ₹73.7 lakh
8 months, 3 weeks ago

Bengaluru woman joins WhatsApp group to invest, loses ₹73.7 lakh

The Hindu  

A 47-year-old woman from Viveknagar joined a WhatsApp group to invest her total savings of ₹73. Little did she know that she would become a victim of fraud, as she was removed from the WhatsApp group after she tried to withdraw the money from her wallet. The victim, in her complaint, said that she was introduced to “ KKR group”, …

Bengaluru man narrowly escapes UPI scam trying to sell iPad. Here’s how he foiled it
9 months ago

Bengaluru man narrowly escapes UPI scam trying to sell iPad. Here’s how he foiled it

Hindustan Times  

When a scammer attempted to coax the senior vice president of Unacademy with a fake UPI money transfer scam, he foiled his plan and how. Pandya took to X to share screenshots of his conversation with the scammer posing as buyer and highlighted the suspicious details that 'raised all the alarms' and helped him recognise the scam. The screenshots shared …

How a Delhi man lost Rs 12 Lakh to Telegram scammers? A crypto scam story | Tips to stay safe
11 months, 1 week ago

How a Delhi man lost Rs 12 Lakh to Telegram scammers? A crypto scam story | Tips to stay safe

India TV News  

Delhi Crypto Scam: In India, online scams are on the rise, and a significant threat involves investment scams circulating on platforms like Telegram and WhatsApp. In a recent incident, Ankit Chaudhary, an engineer from Delhi, fell victim to this scheme, losing Rs 12 lakh. Initially drawn in by a Telegram message offering a cryptocurrency investment opportunity, Chaudhary invested Rs 10,000. …

WhatsApp scam: Hoping to win iPhone 14 Max, a man lost lacs
1 year, 6 months ago

WhatsApp scam: Hoping to win iPhone 14 Max, a man lost lacs

India TV News  

In a recent incident reported from Mumbai, a person fell victim to a fraudulent lucky draw scheme on WhatsApp, which promised a free iPhone. The iPhone's status as a premium smartphone has fueled a widespread desire among people to own it, leading to various means, including deceitful tactics, employed by individuals to obtain it. The chain of events began when …

WhatsApp scam: Man from Coimbatore gets cheated for Rs 13 lakh after falling for fake job offer
1 year, 6 months ago

WhatsApp scam: Man from Coimbatore gets cheated for Rs 13 lakh after falling for fake job offer

India Today  

India is witnessing a spike in online scams, with many people across the country having lost lakhs of rupees in the past few months after falling for fake lucrative job offers. In a similar case of online job fraud, another man from Pune fell victim to a scam, losing Rs 16.87 lakh. The sender posed as a representative of a …

Mumbai man falls prey to online job scam, ends up losing Rs 8 lakh
1 year, 6 months ago

Mumbai man falls prey to online job scam, ends up losing Rs 8 lakh

Firstpost  

Over the last few months, several cases of online job scams have come to light where people reported being tricked by fraudsters under the guise of part-time jobs in exchange for impressive payouts. In such cases, victims usually receive fake job offers through online mediums like WhatsApp, asking them to complete minor tasks to earn money. In a recent case, …

Many Indian WhatsApp users have lost lakhs by clicking on links and liking YouTube videos, you could be next
1 year, 7 months ago

Many Indian WhatsApp users have lost lakhs by clicking on links and liking YouTube videos, you could be next

India Today  

WhatsApp scams are on the rise in India. Scammers contact them through WhatsApp, often using international numbers, and ask them to review videos or similar tasks to earn a commission. In a similar message, the scammer emphasized an opportunity to earn a massive amount of money, as high as Rs 5,000 per day, simply by using a mobile phone. In …

Pune IT professional duped of ₹18L by cyber fraudsters on the pretext of extra income
1 year, 7 months ago

Pune IT professional duped of ₹18L by cyber fraudsters on the pretext of extra income

Hindustan Times  

An IT professional from Wakad area of Pimpri Chinchwad city was duped by cyber fraudsters to the tune of ₹18 lakh by luring him to earn extra money by liking YouTube videos. An IT professional from Wakad area of Pimpri Chinchwad city was duped by cyber fraudsters to the tune of ₹ 18 lakh by luring him to earn extra …

Mangalore man loses over 15 lakh after clicking on a link he received from an unknown person, here is what happened
1 year, 9 months ago

Mangalore man loses over 15 lakh after clicking on a link he received from an unknown person, here is what happened

India Today  

Online frauds have become a common occurrence with scammers constantly devising new ways to trick people into divulging their bank details. In a recently reported case, a man from Karnataka lost around Rs 15 lakh after clicking on a link he got from an unknown person who promised him to provide a part-time job. However, after clicking on the link, …

Man loses ₹4L on app that promised double returns on digital purchases
1 year, 10 months ago

Man loses ₹4L on app that promised double returns on digital purchases

Hindustan Times  

Mumbai: A Chembur resident lost more than ₹4 lakh on an app that claimed to double the returns on digital purchases done through it. While he did earn some profits early on, each time he tried to withdraw the money from the app’s wallet to transfer it to his bank account, an error message would pop up. HT Image According …

WhatsApp users lose over Rs 54 crore to a new scam, here is what happened
2 years ago

WhatsApp users lose over Rs 54 crore to a new scam, here is what happened

India Today  

Cyber money frauds are increasing across the globe. Bringing another shocker, a new case has been reported from Australia, where fraudsters are now posing as family members of victims and asking them to send money under the pretext of losing their mobile phones. In this recently reported scam called 'Hi Mum' or "family impersonation," fraudsters are targeting victims on WhatsApp …

WhatsApp Users, This Scam is Back To Steal Your Money
3 years ago

WhatsApp Users, This Scam is Back To Steal Your Money

News 18  

Select WhatsApp users in India are receiving a message claiming a cash reward of Rs 25 lakh from the popular quiz-show Kaun Banega Crorepati. The WhatsApp message notes that that registered number has been selected in the “KBC Sim Card Lucky Draw Compitation 2021.” To avail the cash reward, users are required to click on a link that would redirect …

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