Cybercriminals are using increasingly sophisticated tricks to target unsuspecting citizens, and a recent case in Bengaluru highlights just how dangerous these scams can be. A 46-year-old software engineer from Horamavu lost ₹44 lakh after being lured into a fake stock trading scheme that began with a deceptive medical emergency alert.
The victim, identified as Jayaraj (name changed), received a Telegram message on July 11 claiming that someone was critically ill and needed immediate help at a hospital. Believing the message had been sent to the wrong number, Jayaraj responded politely, advising the sender to check the contact. The sender, who introduced herself as Reeva Chauhan, thanked him and gradually began engaging in casual chats.
Their conversations soon moved from Telegram to WhatsApp, where voice calls and regular interactions helped Reeva gain Jayaraj’s trust. Over time, she presented herself as an employee of a stock trading company and convinced him that she could help him earn quick profits through investments.
On July 31, she introduced him to a trading platform called OSL Trade and assisted him in creating an account. Jayaraj was persuaded to invest ₹50,000 as an initial amount.
Within a short span, he saw a credit of ₹4,950 to his bank account, which reassured him that the platform was legitimate. Encouraged by the apparent returns, he began investing larger sums over the next month.
Between August 1 and September 17, J
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