3 retired employees, a Government official

Mysore/Mysuru : Three retired individuals and one Government employee collectively lost more than Rs. 4 crore after falling victim to a fraudulent online trading scheme. Separate cases have been registered at Cyber Economic and Narcotics (CEN) Crime Police Station in city. The victims were drawn in by flashy advertisements for online trading circulating on social media platforms. Trusting these promotions, they transferred their hard-earned savings into bank accounts operated by fraudsters.

Despite repeated warnings and awareness campaigns about cyber scams, the victims failed to exercise caution and were ultimately deceived by the scammers’ convincing tactics. The total reported loss stands at Rs. 4,41,75,534.

Case 1: Added to WhatsApp grou

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