3 days ago

Kerala E-Book App Scam Costs Over 100 Victims ₹1.25 Crore

Kerala E-Book App Scam Costs Over 100 Victims ₹1.25 Crore
More than 100 people lose ₹1.25 crore after falling for 'read e books and earn money' app scam in Kerala · businesstoday.in

More than 100 people in Kerala say they lost money through an app called NTL App.

The app promised users money for reading e-books every day.

It also offered extra money to people who brought in new members.

People had to pay fees to join, ranging from ₹1,800 to several lakh rupees.

The app showed earnings, but these were only virtual amounts.

Some users received payments at first, but the payments later stopped.

The app eventually stopped working, and many people complained to the police.

Police are investigating whether the suspected local organizer was connected to a larger network, possibly involving the UK.

Key facts

Reported victims
More than 100 people
Reported loss
₹1.25 crore
Application used
NTL App
Entry fees
₹1,800 to several lakh rupees
Promised task payment
₹25 per completed e-book
Withdrawal schedule
Wednesdays, according to the app
Police action
Vithura police filed an FIR and handed details to the cyber cell

Quotes

A police official

Police official explaining the app’s recruitment-based commission structure

“There are people who invested lakhs into this scheme. From what we learnt, the scamsters used the details of a US company to cheat us.”
businesstoday.in
“We suspect the role of some operations centred around the UK. We have filed an FIR and handed over details to the cyber cell, ”
businesstoday.in

Sources

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