Chikkaballapur: A shocking case of cyber fraud has come to light in Chikkaballapur, where a woman, A.S. Vatsala, has lost a staggering ₹2.01 crore to cybercriminals. The victim, a seasoned investor with 38 years of experience, fell prey to a fraudulent investment scheme promising high returns.

According to the complaint lodged with the CEN police station, Vatsala received a message on June 6, enticing her to invest in a brokerage company for better profits. Believing the offer, she shared her personal and banking details with the fraudsters, who subsequently created a fake trading account.

Over a period from June 27 to August 3, Vatsala transferred a total of ₹2.01 crore to various accounts as instructed by the fraudsters. Despite the money being reflected in the fake trading account, she was unable to withdraw any amount. The fraudsters further demanded a tax of ₹29 lakh to facilitate the transfer, but even after making this payment, Vatsala was unable to recover her money.

The cybercriminals have since switched off their contact numbers, leaving the victim with no means of recourse. The CEN police have registered a case and initiated an investigation into the matter.

The incident serves as a stark reminder of the increasing cyber threats and the importance of exercising caution while dealing with online investment offers.

Read More : Cyber Fraudsters Cheat HSRP Number Plate Owner in Bengaluru