Indore Man Loses 64 Lakh in Matrimonial Site Pig Butchering Scam

Indore
N
News18•29-01-2026, 16:53
Indore Man Loses 64 Lakh in Matrimonial Site Pig Butchering Scam
- •An Indore resident was defrauded of 64 lakh rupees in a 'pig butchering scam' after meeting a woman on a matrimonial site.
- •The woman, posing as an investment advisor, convinced the victim to invest in a fraudulent stock market scheme.
- •Initial fake profits were shown to build trust, but the victim was unable to withdraw funds later.
- •The Crime Branch is investigating the fraud, freezing accounts, and tracing the money trail.
- •The Ministry of Home Affairs had previously issued an advisory regarding this type of scam.
Why It Matters: A man lost 64 lakh rupees in Indore to a pig butchering scam initiated through a matrimonial site.
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