Overview
- Pune cybercrime police registered an FIR after a cybersecurity expert transferred Rs 73.69 lakh in 55 payments to mule accounts between August 8 and September 1 via a fake trading app.
- The Pune victim was shown bogus dashboard earnings of Rs 2.33 crore and was pressed to pay a 10 percent tax before withdrawals, prompting him to approach police.
- In Chandigarh, a resident who was contacted on Telegram deposited Rs 15.17 lakh and later paid a Rs 2.44 lakh verification fee before filing a complaint when funds were blocked.
- Hyderabad officials report roughly 10 investment-scam cases each month, describing tactics that include social-media recruitment, falsified dashboards, initial small payouts, and demands for extra fees.
- Investigators say many operations are run from abroad with Indian intermediaries moving money through multiple mule accounts, and they advise checking SEBI registrations and downloading apps only from official stores.