Mumbai Businessman Duped of 2.14 Crore in Investment Fraud: A Cautionary Tale

Monday, 16 September 2024, 10:22

Mumbai news highlights a major investment fraud where a businessman lost Rs 2.14 crore through dating app interactions. The fraudulent scheme involved promises of high returns in crypto trading and foreign exchange. Authorities have been alerted, and an FIR has been lodged for further investigation.
Indiatimes
Mumbai Businessman Duped of 2.14 Crore in Investment Fraud: A Cautionary Tale

Mumbai Businessman Duped in Crypto and Forex Scam

A 46-year-old businessman in Mumbai recently fell victim to an elaborate investment fraud, losing ₹2.14 crore. After engaging with two women on dating apps, he was lured into fraudulent schemes involving crypto trading and foreign exchange.

The Fraudulent Scheme

  • First, the victim was contacted by Carmen Anita, who persuaded him to invest in crypto trading.
  • Later, he interacted with Sharika Singh, who convinced him to invest in foreign exchange.

Trusting their claims of substantial profits, the businessman deposited significant amounts into both schemes. However, when he attempted to withdraw his funds, he encountered numerous obstacles, including demands for non-existent capital gain taxes. Ultimately, he realized he had been cheated and reported the incident to the authorities.

Authorities Take Action

An FIR has been filed with the Central Cyber Police Station at Worli, and investigations are underway to track down the scammers responsible for this investment fraud. This incident serves as a critical reminder for investors to exercise caution, especially in ventures initiated via dating platforms.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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