From fake stocks to deepfakes: Cybercriminals target elderly in rising Indian online scam wave
By
Binu Mathew
In a shocking incident that underscores the sharp rise in online scams in India, a 63-year-old man from Hyderabad was recently defrauded of ₹50 lakh after joining a fraudulent stock market scheme organised through a WhatsApp group. The case highlights the vulnerability of elderly citizens in the digital landscape, as they are increasingly targeted by cybercriminals with sophisticated tactics.