He was drawn in through a WhatsApp group called 55 Shoonya Growth Club, where members shared stock tips and promised high returns. From there, they convinced him to use a fake trading app, and over time, he continued to transfer money, believing he was investing. By the time he went to his bank and noticed something was off, it was already too late.

Police say the scammers kept the whole thing going by spreading it out over multiple transactions, which made it harder to notice right away. A case has now been registered with the cyber police in Sriganganagar.

This kind of scam seems to be everywhere now: fraudulent apps, fake “expert” groups, and promises of easy profit. Anyone here seen or been added to groups like this on WhatsApp or Telegram?

The doctor, who lives in Mattannur, was added to a WhatsApp group in June that claimed to offer big profits from share trading. The platform appeared to be run by a company called “Upstock,” but it was entirely fake. The group convinced him to deposit money into several bank accounts under something they called a “wealth profit plan.” The trading app initially showed huge profits, but when he tried to withdraw the money, it stopped responding. That’s when he went to the police.

Investigators say they’ve already found ₹40 lakh in the accused’s accounts and uncovered 18 additional bank accounts used to transfer the money. Some of the cash has even been sent overseas. While there’s no terror link, police think there could be more people and victims involved.

The arrests happened after police tracked the suspects using their bank accounts and mobile numbers. Authorities are warning people not to fall for random investment offers on WhatsApp or other social media platforms.

Has anyone here seen similar WhatsApp trading groups or been approached for “too good to be true” investment deals?