PSU employee loses ₹2.22 crore in fake investment scam (opens original article in a new tab)

A PSU employee lost ₹2.22 crore to a cyber fraud scheme after falling for fake investment advertisements on social media.

• PSU employee lost ₹2.22 crore to fake investment scam via social media ads
• Fraudsters used WhatsApp groups and fake investment apps to deceive victim
• Victim was tricked into paying additional fees after initial losses