www.online.con: Cyber fraud cases in Kerala

KOCHI: In October last year, a Perumbavoor man, doing business in a Gulf country, met a person in Dubai who shared his success story of earning crores through a share trading app. The man’s curiosity about quick money led to a loss of Rs 4.1 crores.

After expressing interest in investing, the man was instructed to download an app via a web link. Although he initially earned high returns on a small investment, things took a turn when he invested Rs 4.1 crores. When he tried to withdraw the funds, he received neither the profit nor the invested amount.