Online Fraud Cases Surge in India
Online Fraud Cases Surge in India
Online Fraud Cases Surge in India
News summary

Multiple online fraud cases have recently emerged across India, highlighting the risks associated with investment scams. In Udupi, a man lost Rs 17.9 lakh after being lured into a WhatsApp group that promised high returns on stock investments, while in Coimbatore, another victim was defrauded of Rs 1.14 crore through a similar scheme. Additionally, a Mumbai businessman reported being cheated of Rs 96.5 lakh by a property dealer who failed to pay for steel products. In a separate incident, a resident of Moti Nagar lost Rs 50 lakh to a group of fraudsters who operated under the guise of a fake stock market app. The police have registered cases in all instances and are investigating the respective frauds, urging the public to exercise caution with online investments.

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