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Mumbai: Woman loses Rs 21 lakh in cyber fraud, MBVV cyber cell recovers funds

The MBVV Cyber Cell quickly traced the funds, discovering that the money had been transferred into multiple accounts by the scammers; the police issued letters to all the banks involved, freezing the accounts

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The Mira Bhayandar Vasai Virar (MBVV) Cyber Cell has successfully recovered Rs 21 lakh after a woman fell victim to a cyber fraud incident. The woman, identified as Sanghvi, a resident of Bhayandar, lost the money after investing in a fake share trading application she encountered through a Facebook advertisement.

According to police reports, Sanghvi was drawn to an ad on Facebook promoting share trading and potential profits. After clicking on the link, she was added to a WhatsApp group where the scammers shared another link directing her to invest in a fraudulent trading application. Initially, Sanghvi invested a small amount and received profits, which encouraged her to invest a total of Rs 21,93,279.

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