Cyber ​​Fraud: A major case of fraud in the name of online trading has come to light in the Udupi district of Karnataka, where a 51-year-old teacher got trapped in the cyber trap and lost her hard-earned money.

A major case of online trading fraud has come to light in Karnataka's Udupi district, where a 51-year-old teacher fell prey to a cyber scam and lost her hard-earned money. The woman, a resident of the Shivalli area, filed a police complaint, stating that she lost approximately 11.75 lakh rupees.

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Actually, the whole matter began with a YouTube video. The teacher saw a video about online trading that promised high profits in a short time. The video advised downloading an app. Trusting the advice, she installed the app on her phone and began investing. Initially, she was shown small profits, which further increased her confidence.

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A few days later, he was added to a WhatsApp group where people claiming to be experts were offering stock market advice. Screenshots of fake profits and success stories were constantly shared within the group, creating a completely trustworthy atmosphere. Meanwhile, he was sent another link through which he downloaded a new app and entered his KYC information.

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The woman was then asked to invest in a supposed trading company. She transferred a total of ₹11.75 lakh through various transactions between March 6 and March 14. The app showed her investment growing and showing profits, but when she tried to withdraw the money, the process was postponed every time, citing various excuses.

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Despite numerous attempts, she received neither her profits nor her original amount back. Only then did she realize she had been scammed. She filed a complaint with the Cyber ​​Crime Police Station. Police have registered a case under relevant sections of the IT Act and the Indian Penal Code and have begun an investigation.

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This incident once again proves that not all information on social media platforms is reliable. It's especially important to be cautious of false promises being spread in the name of online investing, as a small mistake can result in significant losses.