Youth Falls Victim to Rs 12 Lakh WhatsApp Trading Scam

A youth was scammed of over Rs 12 lakh in a fake trading fraud after being added to a WhatsApp group, 'Aviva Investors F62,' run by Max Burns. Initially observing the group's activities, Sunil Kumar deposited funds, later unable to withdraw his supposed earnings, realizing he was duped.


Devdiscourse News Desk | Gurugram | Updated: 22-11-2024 21:33 IST | Created: 22-11-2024 21:33 IST
Youth Falls Victim to Rs 12 Lakh WhatsApp Trading Scam
Scam
  • Country:
  • India

A young man lost over Rs 12 lakh in a fraudulent trading scheme via WhatsApp, police reported on Friday. The victim, Sunil Kumar, was added to a group named 'Aviva Investors F62,' supposedly managed by Max Burns.

For 15 days, Kumar monitored the group's activity before creating an account with 'Aviva First Sem,' as he informed the authorities. He made an initial deposit of Rs 40,000 with Brisk Foundation, eventually totaling Rs 12,67,500 through the app.

Kumar was misled into believing his investments generated a Rs 30 lakh profit. However, when he attempted to withdraw, he was instructed to deposit more funds, after which payments were halted. Realizing the scam, Kumar approached the police, leading to an FIR and ongoing investigations.

(With inputs from agencies.)

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