Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Hindu
The Hindu
National
The Hindu Bureau

Bengaluru woman joins WhatsApp group to invest, loses ₹73.7 lakh

A 47-year-old woman from Viveknagar joined a WhatsApp group to invest her total savings of ₹73. 7 lakh on shares and IPO in a U.S.-based company. Little did she know that she would become a victim of fraud, as she was removed from the WhatsApp group after she tried to withdraw the money from her wallet.

Based on a complaint, the police have registered a case under the IT Act and under impersonation and cheating for further investigation.

The victim, in her complaint, said that she was introduced to “ KKR group”, a “U.S.-based shares company,” through her Instagram account and was promised shares and IPOs of reputed companies at concessional rates.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.