How an Indore Doctor Lost ₹3.23 Cr in a Fake Stock Market Scam
Summary: An Indore-based doctor, Dr. Rudra Kumar Gupta, was duped of over Rs 3.23 crore in a large-scale cyber investment scam. The fraud began with a Telegram message promising high stock market returns and escalated into a fake investment platform. When Dr. Gupta tried to withdraw his earnings, scammers demanded extra payments. Authorities are now investigating the case.
Did you know cyber fraud cases in India are rising by over 70% every year?
In one of the latest shocking incidents, an Indore-based doctor lost more than ₹3.23 crore after falling prey to a fake stock market investment scheme.
Here, you’ll learn how the scam unfolded, how the criminals tricked the victim, and what action authorities are now taking. If you’re interested in cybersecurity or online investment safety, this real-life story is a must-read!
The Setup: A Message That Sparked a Scam
On September 5th last year, Dr. Rudra Kumar Gupta, a resident of Scheme-54, Vijay Nagar, received a seemingly harmless message on Telegram. The sender, a woman named “Preeti,” claimed she had insider knowledge about high-return stock market investments.
Already interested in stock trading, Dr. Gupta was intrigued. Trusting “Preeti,” he clicked on the link she provided to a website called wrcw.xtbelobIltd.com and registered both himself and his mother on September 12th.
Building Trust: Small Gains to Big Losses
“Preeti” added Dr. Gupta to a so-called “director group” and gave him a customer ID along with a unique access code.
To build trust, his first small investment of ₹10,000 showed a return of ₹10,535. It seemed like an authentic opportunity at first glance.
The fake investment platform was cleverly designed, it showed manipulated graphs and artificial profit figures, making it look like a legitimate success story.
The Trap: Fake Taxes and Charges
However, trouble started when Dr. Gupta tried to withdraw ₹1 crore.
The platform’s fake support team began asking for extra payments under various excuses like:
- Gains tax
- Income tax
- Currency conversion fees
Realising something was wrong, Dr. Gupta understood he had been trapped in an elaborate scam.
Taking Action: Crime Branch Steps In
Not wasting any time, Dr. Gupta approached DCP Rajesh Kumar Tripathi and ADCP Rajesh Dandotiya from the Indore Crime Branch. The case was quickly handed over to Sub-Inspector Situ Jariya for investigation.
Initial findings revealed that the stolen funds were transferred across multiple mule bank accounts scattered in different states.
On Tuesday, the Crime Branch officially registered a case against unidentified individuals. Authorities are now actively searching for “Preeti” and others behind this sophisticated scam.
Conclusion: Stay Alert, Stay Safe
This case is a strong reminder that if an investment opportunity sounds too good to be true, it probably is.
- Always double-check unknown links
- Verify sources
- Never share sensitive financial information online
The Indore doctor’s experience highlights how quickly trust can be exploited and why cybersecurity awareness is more important than ever.
Inputs from various media Resources
Dane
I am an MBBS graduate and a dedicated medical writer with a strong passion for deep research and psychology. I enjoy breaking down complex medical topics into engaging, easy-to-understand content, aiming to educate and inspire readers by exploring the fascinating connection between health, science, and the human mind.
