Mumbai Woman Duped of Rs 4 Lakh in Telegram Stock Tip Scam in 3 Days
Technology
M
Moneycontrol•03-01-2026, 21:49
Mumbai Woman Duped of Rs 4 Lakh in Telegram Stock Tip Scam in 3 Days
- •A Mumbai woman lost Rs 4 lakh in an online stock trading scam after joining a Telegram group for "expert" tips.
- •The scam lured her with small initial payments and fake profit screenshots, building false trust.
- •She transferred money in multiple installments over three days (Dec 22-25) to various UPI IDs and bank accounts.
- •After investing Rs 3.8 lakh, her withdrawal requests were ignored, and the "mentors" vanished.
- •Police registered an FIR; authorities warn against "guaranteed profits" and advise reporting scams to 1930 or cybercrime.gov.in.
Why It Matters: Beware of "guaranteed profits" in online trading; verify legitimacy and report suspicious activities immediately.
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