Maharashtra: Jalna Doctor Duped Of ₹1.26 Crore In Online Scam Involving Fake Trading App And WhatsApp Investment Fraud

Maharashtra: Jalna Doctor Duped Of ₹1.26 Crore In Online Scam Involving Fake Trading App And WhatsApp Investment Fraud

The scam began when he received a WhatsApp message promising lucrative returns on share investments. Posing as fund advisors, the scammers convinced him to download a fake trading app and transfer money into several bank accounts. Over a two-month period, the doctor made multiple transactions totaling more than Rs 1.26 crore.

Somendra SharmaUpdated: Wednesday, August 27, 2025, 04:16 PM IST
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Fraud | Photo: Representative Image

Mumbai: A 75-year-old doctor from Jalna has lost over Rs 1.26 crore in an online investment fraud.

Jalna doctor loses Rs 1.26 crore in online scam

The scam began when he received a WhatsApp message promising lucrative returns on share investments. Posing as fund advisors, the scammers convinced him to download a fake trading app and transfer money into several bank accounts. Over a two-month period, the doctor made multiple transactions totaling more than Rs 1.26 crore.

He realized he was a victim only when his attempts to withdraw earnings were denied. When he confronted the scammers, they demanded more money to release his funds. The doctor has since filed a police complaint, providing details of the scammers' contacts and the bank accounts used to commit the fraud.

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