Lured into stocks app trap, businessman loses ₹57.3L

A 47-year-old businessman from Satellite lost Rs 57.3 lakh in an investment fraud after allegedly being lured by an Instagram advertisement. The ad promised lucrative stock market investment opportunities with guidance from “experts”.

Oct 21, 2026 - 00:00
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Lured into stocks app trap, businessman loses ₹57.3L
A 47-year-old businessman from Satellite lost Rs 57.3 lakh in an investment fraud after allegedly being lured by an Instagram advertisement. The ad promised lucrative stock market investment opportunities with guidance from “experts”.

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