Investment-based scams are increasing in India. A Kolkata -based doctor has allegedly become the latest victim of such cyber scam, loss of Rs 36 lakh. After clicking on an advertisement on Facebook, the victim was lured in a fake investment opportunity. He was cheated over a period of two months after being fascinated by an investment plan advertised on the platform.

According to a report by The Telegraph, the doctor, who is a resident of Burjas, came on Facebook to promote an advertisement, which appeared as a valid financial investment platform. Thinking that he can get some financial advice and earn extra money, he clicked on the advertisement. The advertisement resented her in a WhatsApp group, presented as a platform for stock market guidance and financial tips.

The doctor was later added to the group by his entry. In the group, he faced inspiring messages from other members, which assured them that the stage was real. The scammers also persuaded him directly, and he started investing his money in stages – which had ten separate transactions which were finally a total of Rs 36 lakh.

This was only when the doctor tried to withdraw his alleged returns and dropped himself out of the investment account. Realizing that the scam has been done, the doctor then approached the authorities and filed a complaint.

Subsequently, the State CID allegedly launched an investigation. During interrogation, the officials arrested 34 -year -old filmmaker and entrepreneur, Prosecut Ranjan Nath from his apartment near Maduradah, Anandpur. According to the police, Nath is the leading beneficiaries of Sifond Fund. The investigation has revealed that the stolen amount of Rs 18 lakh was kept in the company run by Nath, named the local brand shop.

While Nath is currently in custody, the police is continuing investigating the entire border of the scam and identifying other persons who may join. Meanwhile, authorities have urged internet users to be vigilant and do not fall for misleading advertisements on social media. The advertisements paid on platforms such as Facebook can be promoted by anyone willing to pay, making them a common equipment for scamsters to target unheard individuals.

How to be safe from online investment scam

– Do not click on any advertisement until you are sure about its authenticity. In particular, beware of social media advertisements that promise high returns or quick benefits.

-Always cross-check the credentials of any investment platform through official government or regulatory websites like SEBI.

-Avoid joining groups related to investment on WhatsApp or Telegram until they are officially recognized by reliable institutions.

– Never share sensitive banking or personal information through informal channels.

– If you are interested in investment tips, consult certified financial professionals.