Whatsapp Investment Scam Dupes Pan-India Investors Of ₹28Cr

In a recent development, a WhatsApp group has been accused of defrauding investors across India, leading to an estimated loss of ₹28 crore. The victims include residents of Mumbai and Navi Mumbai, and the case is currently being probed by the city police and cybercrime teams.

What Happened: According to a report by the Times of India, the WhatsApp group, purportedly operated by an individual named ‘Anil Sharma’, enticed people to invest in shares. The group, comprising at least 40 members, is believed to have swindled investors of approximately ₹28 to ₹30 crore.

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The victims have now created a new WhatsApp group to collectively report the fraudsters to the police. Abhinav Thukral, the admin of this new group, revealed that the money was deposited into third-party accounts and subsequently withdrawn, leaving no trace.

Investigations indicate that the scam has impacted individuals from various states including Tamil Nadu, Gujarat, Delhi, Assam, Kerala, Rajasthan, Odisha, Puducherry, Karnataka, Jharkhand, and Punjab. Despite multiple FIRs being filed, no arrests have been made yet.

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Posted In: ScamsWhatsApp