Archive · 25 Jul 2025
Doctor Loses ₹36 Lakh in Investment Scam, Man Arrested
Imagine a doctor saw an ad on Facebook promising easy money through investing.
They joined a WhatsApp group with investment tips, and over time, they invested ₹36 lakh.
Sadly, it was a scam!
The police found out and arrested some people connected to the fake investment scheme, including someone whose phone number was linked to a bank account where the money went.
The police are now trying to get the money back, having already recovered ₹14 lakh.
It's a reminder to be careful about online investment offers.
A doctor from Barasat lost ₹36 lakh in an investment fraud.
The doctor was lured through a Facebook advertisement for an investment platform called “5paisa Capital.”
The doctor invested the money over two months through ten transactions after being added to a WhatsApp group.
Police have arrested Reyaz Ahmed whose mobile number was linked to a bank account where the money was transferred.
₹14 lakh of the siphoned money has been seized by the police.
- Who
- A doctor was the victim; Reyaz Ahmed was arrested.
- What
- A doctor was defrauded of ₹36 lakh in an investment scam.
- When
- Over a period of two months.
- Where
- Barasat, India.
- Why
- The victim was lured by an advertisement for an investment platform.
Victims
Scammers
Impact of Online Fraud
Victims
Victims of online fraud suffer financial losses and emotional distress.
Scammers
Scammers exploit digital platforms to deceive people.
- Victim
- Doctor from Barasat
- Amount Lost
- ₹36 lakh
- Investment Platform
- 5paisa Capital
- Arrested
- Reyaz Ahmed
- Money Recovered
- ₹14 lakh