5 months ago
1
A 60-year-old retired slope worker from Malakpet was duped of implicit ₹51 lakh aft falling prey to a fake pre-IPO concern strategy promoted done a Facebook advertisement claiming arsenic IIFL Capital.
In the archetypal week of November 2025, the elder national responded to the advertisement and aboriginal received WhatsApp messages from a idiosyncratic identifying himself arsenic Goshan Yadav, who promised guidance for profitable investments and IPO allotments.
He was added to a WhatsApp radical named “IIFL CS Pre-IPO 067” - wherever members shared fabricated screenshots of profits and stock allotments to physique credibility. Initially convinced, the unfortunate invested ₹8,000, but arsenic the radical continued to show manipulated gains, helium yet invested a full of ₹51,23,000 by November. Fake allotments of Groww and Tennind shares were displayed connected a website, showing a misleading full worth of ₹1.30 crore.
When helium attempted to retreat the funds, the fraudsters demanded an further ₹51,23,000 to merchandise the proceeds. Realising helium had been deceived, the unfortunate approached the police. A lawsuit has been booked by the cyber crimes helping of Hyderabad police.
Meanwhile, cybercrime officials advised radical to verify fiscal services lone done authoritative websites, debar clicking random links oregon downloading chartless apps, and study cyber frauds instantly via the 1930 helpline oregon www.cybercrime.gov.in.
