Cyber fraud alert: Doctor duped of ₹15.50 lakh via fake trading app; here’s what happened

A doctor from Coimbatore has fallen victim to a sophisticated cyber scam, losing a staggering ₹15.50 lakh after clicking on a seemingly harmless YouTube link. The fraud, which unfolded between December 2024 and January 2025, was first reported byThe Times of India and highlights the growing menace of online investment traps.

Dr Karthik, an active stock market investor with a Demat account, was browsing investment-related content on YouTube when he stumbled upon a link promising exclusive trading insights.