He Joined A WhatsApp Group To Earn Profit, Ends Up Losing Rs 1.10 Crore In Cyber Scam

he joined a whatsapp group to earn profit, ends up losing rs 1.10 crore in cyber scam

Cyber scams are getting out of hand with each passing day – if not in terms of techniques, then definitely in terms of the amount stolen. In a recent scam, a retired banking professional from Aligarh lost around 1.10 crore from his accounts due to a cyber scam. As per a briefing arranged by the police, Dinesh Sharma said that the scam took place in progression and offered three practical recommendations for digital safety so that no one else falls into the trap.

According to Dinesh Sharma, all this started on November 2, 2025, where the cyber criminals offered him a 30 to 40 per cent return on investment. After that, he was added to a WhatsApp group where the participants circulated claims of considerable gains. The fraudsters then insisted him to make a small investment, where he also got high returns. This immediate profit worked as a bridge to establish trust, and the victim ended up giving a total of 1.10 crore to the fraudster, which was his full retirement savings. Now, when the fraudsters started asking for 3 crore more then he talked to his family about the situation.

Before You Swipe Right This Valentine’s Day, Read This Scam Warning

At the time of telling the scenario to his family, Dinesh Sharma realised that he has been scammed. This came as a major shocker for everyone around the victim, and they filed a complaint against the same in order to track the scammers and get the money back.

What Should You Do To Stay Safe?

The worst part of all is that a scam, in most of the cases, shouts from miles away that it is a scam. At a time when the market is struggling, someone offering a 30 to 40 per cent return on investment is impossible, and you should not invest your money in these cases without thorough research. Apart from that, never ever agree to invest your money via WhatsApp groups, Telegram groups, or apps that are far from legit.

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Elizabeth Lopez combines sharp analytical skills with a deep understanding of global markets. With years of experience in financial journalism, she covers business strategies, market movements, and the intersection of finance and technology. Her articles at Muscat Chronicle aim to empower readers with the knowledge to make smarter financial decisions. Elizabeth believes in demystifying finance and presenting it in a clear, approachable way. Outside of writing, she’s passionate about women’s empowerment in business leadership.