Cyber fraudsters tricked former CBI joint director Lakshminarayana’s wife and looted Rs 2.58 crore from her. They promised Urmila of huge returns on investment in the stock market.
They sent her a WhatsApp message stating that if money was invested according to their advice, she can earn maximum profits in a very short duration. Urmila received this message after she joined the WhatsApp group of Stock Market Profit Guide Exchange 20.
Dinesh Singh, in the WhatsApp group, gradually got close to her and on gaining her confidence, he persuaded her to invest money in the stock market. To substantiate his claims, he sent her screenshots about the money transactions and told her she will be able to get 500% returns.
Urmila believed in his words and downloaded one app from Apple app store. Later, she transferred Rs 2.58 crore to the criminals between December 24 and January 5. To raise the money, Urmila, reportedly, mortgaged the gold she and her husband possessed.
However, she realized that she was duped when she was not able to find a way to withdraw the money though the app showed her huge profits, in her account.
Alarmed by the incident, she approached the cybercrime police. Following a complaint from Urmila, the cyber police took up investigation and informed her that the money was transferred to mule accounts. Further investigation is on.
This post was last modified on 11 January 2026 6:28 pm
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