A bank manager was duped of Rs 48 lakhs on WhatsApp, a single message made him bankrupt

A bank manager was duped of Rs 48 lakhs on WhatsApp, a single message made him bankrupt

Krishnaraj, 35, a resident of Coimbatore, is a bank manager. On March 14, he received a message on WhatsApp from an unknown number. The caller offered Krishnaraj a part-time job. After some time, the caller told him that he could earn more money through online trading.

A new type of fraud is going on on WhatsApp. These people add you to WhatsApp groups, then give you advice about the stock market and trap you and extort money from you. In one such case, a man from Coimbatore was duped at ₹48.57 lakh. He had received a message on WhatsApp from an unknown number.

WhatsApp Investment Group Scam

J. Krishnaraj, 35, a resident of Coimbatore, is a bank manager. On March 14, he received a message on WhatsApp from an unknown number. The man offered Krishnaraj a part-time job. After some time, the man told him that he could earn more money through online trading. Krishnaraj accepted the offer in the greed of earning some extra money. Between March 14 and May 1, he deposited ₹48,57,115 in the account mentioned by the man in a total of 13 installments. But when he asked for his money back, the man started asking him to deposit more money. When he could not get his money back, Krishnaraj realized that he had been cheated. After this, he lodged an FIR.

What is this scam?

This WhatsApp fraud is happening in many other cities as well. In this, an unknown person messages you on WhatsApp and lures you with a part-time job. He lures you with the promise of earning easy money and people get trapped.

Then he takes the topic to the online share market and says that you can easily earn a lot of money in it. Actually, he traps people who want to earn money quickly, especially those who do not know much about the share market. Krishnaraj also trusted him and invested a lot of money. After this, the man must have told Krishnaraj not to take advice from anyone else and must have pressured him to invest more money. Not only this, when Krishnaraj asked for his money back, he asked him to deposit more money so that he could grab more money.

How to avoid online scams

- Do not invest in anything that you do not understand well. Before investing, gather complete information about the company or platform.

- The promise of earning a lot of money very quickly is often a fraud. Do not fall into such traps.

- Do not share your bank account details, credit card details, or any other financial information with any unknown person.

- Before investing, consult a good financial advisor. He can advise you according to your risk and financial goals.

What to do after being scammed?

- Stop talking to that person.

- File a complaint with the police and cyber crime department. Inform them about the entire matter, and also show them screenshots of the messages and bank transactions.

- Collect all evidence related to the fraud, such as messages, emails, and bank statements.

- Inform your bank about this and if possible, seek their help in getting the money back.