Elderly woman cheated of ₹10.15 lakh in online investment fraud
A 68-year-old woman in Mangaluru lost over ₹10 lakh after falling victim to an online investment scam. The fraudster lured her into a fake investment group on WhatsApp, promising high returns before demanding more funds.
Why it matters
The rise of sophisticated digital financial fraud poses a significant threat to elderly populations and requires increased cyber-security awareness.
A 68-year-old woman from Mangaluru allegedly lost ₹10.15 lakh to an online investment fraud.
In a complaint to the Cyber Crime Police Station, Mangaluru, the victim said one Riya Iyer sent her a message through WhatsApp in March 2025 and asked her to join a group named Fidelity Group Equity Management Team, assuring good returns on investment.
The victim then received a link through which she opened an investment account. To invest, she transferred a total of ₹10.15 lakh between June 25 and July 9, 2026.
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