2 months ago
1
A 49-year-old nonmigratory of Meerpet was cheated of astir ₹15.95 lakh successful an online concern fraud aft being lured done a WhatsApp radical promising precocious returns from artifact trading and IPO subscriptions.
The fraudsters approached the unfortunate done a WhatsApp connection connected November 15, 2025, claiming to connection concern opportunities linked to artifact trading and IPO subscriptions that could make precocious profits. The unfortunate was subsequently added to a WhatsApp radical wherever the administrators encouraged members to unfastened an relationship done a nexus titled “Axis Security Advanced Training”.
According to the complaint, members of the radical regularly shared screenshots claiming palmy IPO allotments and profits, which convinced the unfortunate to commencement investing. The unfortunate initially transferred ₹5,000 and aboriginal continued investing done the website, yet transferring a full of astir ₹15 lakh.
The fraudsters allegedly displayed transaction histories connected the level and claimed that the operations were conducted nether guidelines of the Securities and Exchange Board of India (SEBI), adjacent sharing purported registration details and trading codes to summation the victim’s trust. At 1 stage, ₹1.20 lakh was returned to the victim, and the online relationship aboriginal showed a nett equilibrium of ₹65.40 lakh.
When the unfortunate attempted to retreat the amount, the fraudsters demanded a committee of ₹2 lakh to process the withdrawal. The withdrawal was not allowed contempt repeated attempts, and the unfortunate realised that the concern portal and transactions were fraudulent.
Cybercrime constabulary said the complainant suffered a full nonaccomplishment of astir ₹15.95 lakh. Further probe is underway.
