Archive · 24 Jul 2025
Woman Entrepreneur Loses ₹2.29 Crore in Navi Mumbai Trading Scam
A businesswoman in India was tricked into giving away a lot of money.
People pretending to be financial experts convinced her to use a fake trading app.
She and her husband saw others in a group chat supposedly making money, so she started investing.
She sent almost 23 million rupees to different bank accounts, thinking she was making smart investments.
When she was asked for more money, she checked with the company and found out it was a scam.
Now, the police are investigating.
A 43-year-old woman entrepreneur in Belapur, Navi Mumbai, was defrauded of ₹2.29 crore.
Scammers posed as representatives of a financial advisory platform and persuaded her to download a trading app.
The victim and her husband were added to a WhatsApp group sharing investment tips with claims of profit.
The woman transferred ₹2.29 crore to multiple bank accounts over three months.
The fraud was revealed when she was asked to deposit an additional ₹4.18 crore for an IPO.
- Who
- A 43-year-old woman entrepreneur and unidentified scammers.
- What
- A woman was scammed out of ₹2.29 crore through a fake trading app.
- When
- Between April and July of this year.
- Where
- Belapur, Navi Mumbai.
- Why
- The scammers used a fake trading app to deceive the woman into investing and transferring money.
- Victim's Age
- 43 years old
- Location
- Belapur, Navi Mumbai
- Amount Lost
- ₹2.29 crore
- Scam Type
- Online Trading Scam
- App Used
- impv pro
- Complaint Filed
- Sunday