On US trip, Mumbai man learns he’s cheated Rs 1.05 crore in fake IPO platform
A 55-year-old Mumbai man lost Rs 1.05 crore after being tricked into subscribing to shares through a fake online IPO platform. The scam involved a fraudulent WhatsApp group providing investment advice. The victim realized he was being deceived after additional payment demands and reported the crime to the national cyber helpline.
