Ahmedabad Man Loses ₹56.35 Lakh in Online Investment Scam Through Dating App, Fake Trading Gains

Post Views: 11

Ahmedabad Man Loses ₹56.35 Lakh in Sophisticated Online Investment Scam Originating from Dating Platform

A recent case in Ahmedabad highlights a growing trend of cybercriminals exploiting emotional connections and financial aspirations to execute large-scale scams.

According to officials, “cyber security analysts warn that dating apps are increasingly being used as entry points for financial fraud, with criminals creating fake profiles, building emotional rapport, and gradually introducing investment schemes that appear credible.”

The scam originated on a popular dating app, where the victim came into contact with a woman identified as Aarohi Gupta. Over time, she gained the victim’s trust, introducing him to an investment opportunity in currency trading that appeared to have insider-level reliability.

Fraudulent Scheme Details

The victim was convinced by her assurances and eventually invested a total of ₹56.35 lakh, with the platform showing inflated returns of up to ₹1.24 crore.
However, when the victim attempted to withdraw his funds, the accused and associated handlers began demanding additional payments under various pretexts, including taxes, processing fees, and regulatory charges.
Believing that these payments were necessary to unlock his earnings, the victim transferred an additional ₹20.25 lakh, but was ultimately unable to withdraw any funds.

Cybersecurity Measures

Experts point out that such scams typically involve fake trading platforms that simulate real-time profits, making it difficult for victims to distinguish between legitimate and fraudulent systems.

Preliminary findings suggest that the fraud was carefully orchestrated using a combination of social engineering and digital manipulation.

Authorities are now working to trace the digital footprint of the fraud, including bank transactions, IP addresses, and communication records linked to the case.

Public Awareness

Officials have urged the public to exercise caution while interacting with unknown individuals on online platforms, especially when financial investments are involved, and to verify the authenticity of apps and schemes before transferring money.