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The Hindu·3 min read·medium

Teacher’s family duped twice in cyberfraud, loses ₹45 lakh in fake investment scam

T
The Hindu Bureau
Teacher’s family duped twice in cyberfraud, loses ₹45 lakh in fake investment scam
✦AI Summary

A school teacher in India lost ₹45 lakh to a fake investment scam while attempting to recover previous financial losses from a separate cyberfraud. The victim was lured by promises of high returns on social media before being blocked by the scammers.

Why it matters

This case highlights the growing prevalence of 'recovery scams' where victims of fraud are targeted again while in a vulnerable financial state.

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A 35-year-old school teacher, whose family had earlier suffered substantial financial losses in cyberfraud, has once again fallen victim to online scamsters, losing ₹45 lakh in a fake investment scheme while attempting to recover her family’s financial losses.

According to a complaint lodged with the East CEN Police, the teacher, a resident of Kamaraj Road, stated that her husband had previously been cheated in cyberfraud, leaving the family under heavy debt. To repay the earlier losses, they had availed a gold loan and were searching for investment opportunities that promised better returns.

In November 2025, the couple came across an online investment application through social media. The operators of the application assured them of exceptionally high returns. Believing the claims, the couple obtained additional personal loans and transferred money from the husband’s bank account to various beneficiary accounts specified by the fraudsters.

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