Mumbai: 62-Year-Old Housewife Duped Of 7 Crores, Cyber Fraudsters Promised High Returns In Stock Market

A 62-year-old housewife from Mumbai, Maharashtra, was duped of 7 crores. Cyber fraudsters lured the woman by promising high returns in the stock market, according to a police statement.

Police Officers' Statement

On Monday, an official of West Zone Cyber police station stated that over the past two months, fraudsters had posed as representatives of a reputed finance services company.

Scam Started From Whatsapp

In her complaint to the police, the victim revealed that she first received a message on WhatsApp from an unknown number. The sender of the message identified herself as a woman and claimed to be the assistant of the company's senior official. She initiated a conversation about share market investment. The victim was given the contact number of the company official and the link of a website.

Amount Of Money Transferred

The official said she was later added to a WhatsApp group and introduced to another person, who also claimed to be associated with a financial company. Police said that on the request of the woman, the victim transferred a total of Rs 78887000 (7 crore eighty-eight lakh eighty-seven thousand) to several bank accounts from time to time.

Woman Realised She Was Scammed

When she tried to withdraw her money, she was asked to deposit an additional 10 per cent. Sensing something suspicious, the woman decided to make inquiries and realised she was a victim of fraud. The woman filed a complaint with the cyber police.

Police File Case

The police have registered a case against unknown people under the relevant legal procedures. A detailed investigation into the matter has begun. Police claim that the accused will be arrested soon.