Mumbai's retired banker duped of Rs 1.35 crore in a investment scam

A retired banker in Mumbai fell victim to an online investment scam, losing Rs 1.35 crore. Lured by promises of high returns on fake IPOs, call options, and mutual funds via YouTube and WhatsApp, she invested heavily. After a small initial withdrawal, fraudsters demanded an exorbitant 'loan' repayment, revealing the elaborate deception.

Mumbai's retired banker duped of Rs 1.35 crore in a investment scam
A retired banker in Mumbai fell victim to an online investment scam, losing Rs 1.35 crore. Lured by promises of high returns on fake IPOs, call options, and mutual funds via YouTube and WhatsApp, she invested heavily. After a small initial withdrawal, fraudsters demanded an exorbitant 'loan' repayment, revealing the elaborate deception.