₹5.2 crore in a click. The 52-year-old Jayanagar business, new to stock market trading, is a victim of sophisticated cybercrime.
Promised of "high-return investments", the businessman was tricked into downloading a fraudulent mobile application on WhatsApp by unknown individuals. According to a Times of India (TOI) report, the victim received a WhatsApp message on March 11 promising lucrative returns, along with a link.
The link directed him to download an app from "bys-app.com". He had initially ignored the message, the report said.
He was subsequently added to a WhatsApp group named "Y-5 Ever Core Financial Leader". The WhatsApp group had nearly 160 members.
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