Palwal businessman loses ₹1.35 crore in AI-driven cyber investment scam

A 43-year-old businessman in Palwal allegedly lost ₹1.35 crore after a gang of cyber criminals lured him for partnership and investment in a USA-based e-commerce firm, police said on Tuesday.

The victim — an engineer, owns a construction business — said he was contacted by a businesswoman in September this year. Almost after a fortnight, the woman started discussing stock market, investment, and e-commerce business with him, he told police.

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