Archive · 23 Jul 2025
Pilot Loses Over 3 Crore in Share Market Investment Scam
A pilot lost a lot of money in a fake investment scam.
He saw videos about investing and then got a call from someone claiming to help.
He was told to download an app and put money into different bank accounts.
The person gave investment tips, and at first, it seemed like the investments were making a lot of money, but it was all fake.
When the pilot tried to take his money out, he was asked for even more money, and then he knew he had been tricked.
A pilot was allegedly defrauded of Rs 3.16 crore in a share trading scam.
The pilot invested after watching investment videos and receiving tips on WhatsApp.
He was asked to download an app and deposit money into various bank accounts.
The pilot's wife saw a fake profit generated in her account.
The pilot contacted the company to withdraw the money but was asked for additional funds.
- Who
- A 56-year-old pilot was the victim of the fraud perpetrated by unidentified cyber fraudsters.
- What
- A pilot was cheated out of Rs 3.16 crore in a share trading scam.
- When
- The scam occurred up until July 11, with the complaint filed on July 19.
- Where
- Mumbai.
- Why
- The pilot was tricked into investing in shares based on false promises of high returns.
- Victim
- 56-year-old pilot
- Amount defrauded
- Rs 3.16 crore
- Method
- Share trading scam via WhatsApp and a fake app
- Location
- Mumbai, India
- Complaint Filed
- July 19