A 25-year-old woman from Beltarodi, Nagpur, fell victim to cyber fraud and lost Rs 24 lakh after being lured with promises of high returns from stock market investments.
Police said the scam began on June 23, when the woman received a WhatsApp message claiming she could earn substantial profits through both short- and long-term investments. Showing interest in long-term options, she responded, after which the fraudster shared a link and added her to a WhatsApp group called C21 Paisa Capital Limited.
Inside the group, a man identifying himself as Anand Rathi built her trust by regularly sharing stock market tips. He later instructed her to download a mobile app, which she complied with. Following his directions, she transferred a total of Rs 23.7 lakh through multiple transactions into bank accounts linked to Aarohi Sinha and Anand.
The app falsely reflected that she had earned Rs 1.65 crore in profits. However, when she attempted to withdraw the amount, no money was released. Realising she had been duped, the woman promptly filed a complaint with the Cyber Police.
A case has been registered under the Information Technology Act and sections pertaining to cheating. Police have launched an investigation to trace and arrest the fraudsters.
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